CW Advisors LLC Purchases 36,378 Shares of Invesco S&P 500 Equal Weight ETF $RSP

CW Advisors LLC boosted its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 5.4% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 715,904 shares of the company’s stock after purchasing an additional 36,378 shares during the period. Invesco S&P 500 Equal Weight ETF makes up 1.3% of CW Advisors LLC’s portfolio, making the stock its 7th biggest position. CW Advisors LLC owned 0.18% of Invesco S&P 500 Equal Weight ETF worth $130,109,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Total Clarity Wealth Management Inc. raised its holdings in Invesco S&P 500 Equal Weight ETF by 25.4% in the second quarter. Total Clarity Wealth Management Inc. now owns 4,304 shares of the company’s stock valued at $782,000 after acquiring an additional 872 shares in the last quarter. Almanack Investment Partners LLC. acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 2nd quarter valued at about $1,545,000. Biltmore Family Office LLC lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 20.7% during the first quarter. Biltmore Family Office LLC now owns 66,933 shares of the company’s stock worth $11,595,000 after purchasing an additional 11,477 shares during the last quarter. Courage Miller Partners LLC grew its stake in Invesco S&P 500 Equal Weight ETF by 3.2% in the second quarter. Courage Miller Partners LLC now owns 58,208 shares of the company’s stock worth $10,579,000 after purchasing an additional 1,816 shares in the last quarter. Finally, Russell Investments Group Ltd. grew its stake in Invesco S&P 500 Equal Weight ETF by 48.5% in the first quarter. Russell Investments Group Ltd. now owns 3,794 shares of the company’s stock worth $657,000 after purchasing an additional 1,239 shares in the last quarter. Hedge funds and other institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Stock Down 0.1%

Shares of NYSEARCA RSP opened at $190.04 on Wednesday. The stock’s 50 day moving average price is $188.58 and its two-hundred day moving average price is $185.23. Invesco S&P 500 Equal Weight ETF has a 52-week low of $150.35 and a 52-week high of $192.33. The stock has a market capitalization of $73.51 billion, a P/E ratio of 20.10 and a beta of 0.99.

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).