Apexium Financial LP Increases Stock Position in Invesco S&P 500 Equal Weight ETF $RSP

Apexium Financial LP raised its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 1.2% in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 18,588 shares of the company’s stock after buying an additional 219 shares during the period. Apexium Financial LP’s holdings in Invesco S&P 500 Equal Weight ETF were worth $3,378,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the company. Pflug Koory LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 2nd quarter worth about $77,000. QRG Capital Management Inc. lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 12.7% in the 2nd quarter. QRG Capital Management Inc. now owns 3,161 shares of the company’s stock worth $574,000 after purchasing an additional 356 shares during the period. ZWJ Investment Counsel Inc. lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 4.3% in the 2nd quarter. ZWJ Investment Counsel Inc. now owns 51,508 shares of the company’s stock worth $9,361,000 after purchasing an additional 2,108 shares during the period. Cape ANN Savings Bank purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 2nd quarter worth about $503,000. Finally, Precedent Wealth Partners LLC lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 20.9% in the 2nd quarter. Precedent Wealth Partners LLC now owns 32,968 shares of the company’s stock worth $5,992,000 after purchasing an additional 5,694 shares during the period. Hedge funds and other institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Trading Up 0.4%

NYSEARCA:RSP opened at $191.25 on Friday. The company has a 50-day moving average price of $187.22 and a 200-day moving average price of $179.13. Invesco S&P 500 Equal Weight ETF has a 12 month low of $150.35 and a 12 month high of $192.30. The stock has a market cap of $75.35 billion, a price-to-earnings ratio of 20.10 and a beta of 1.05.

Invesco S&P 500 Equal Weight ETF Company Profile

Guggenheim S&P 500 Equal Weight ETF, formerly Rydex S&P 500 Equal Weight ETF, seeks to replicate as closely as possible, the daily performance of the S&P 500 Equal Weight Index (the Index). The Index is a capitalization-weighted index covering 500 industrial, utility, transportation and financial companies of the United States markets (mostly NYSE Euronext issues).