Invesco S&P 500 Equal Weight ETF $RSP is Breakwater Capital Group’s 4th Largest Position

Breakwater Capital Group increased its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 2.6% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 97,977 shares of the company’s stock after purchasing an additional 2,476 shares during the period. Invesco S&P 500 Equal Weight ETF accounts for about 2.9% of Breakwater Capital Group’s holdings, making the stock its 4th biggest holding. Breakwater Capital Group’s holdings in Invesco S&P 500 Equal Weight ETF were worth $17,806,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in RSP. Northwestern Mutual Wealth Management Co. increased its position in Invesco S&P 500 Equal Weight ETF by 1.7% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 23,554,043 shares of the company’s stock valued at $4,080,267,000 after acquiring an additional 396,957 shares during the period. Invesco Ltd. increased its position in Invesco S&P 500 Equal Weight ETF by 12.0% in the 1st quarter. Invesco Ltd. now owns 11,189,061 shares of the company’s stock valued at $1,938,281,000 after acquiring an additional 1,195,627 shares during the period. Goldman Sachs Group Inc. increased its position in Invesco S&P 500 Equal Weight ETF by 219.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 9,102,168 shares of the company’s stock valued at $1,576,769,000 after acquiring an additional 6,254,609 shares during the period. LPL Financial LLC increased its position in Invesco S&P 500 Equal Weight ETF by 20.5% in the 1st quarter. LPL Financial LLC now owns 5,260,788 shares of the company’s stock valued at $911,326,000 after acquiring an additional 894,245 shares during the period. Finally, JPMorgan Chase & Co. increased its position in Invesco S&P 500 Equal Weight ETF by 26.8% in the 1st quarter. JPMorgan Chase & Co. now owns 5,057,195 shares of the company’s stock valued at $876,058,000 after acquiring an additional 1,069,297 shares during the period. 61.18% of the stock is owned by hedge funds and other institutional investors.

Invesco S&P 500 Equal Weight ETF Stock Down 0.3%

Shares of RSP stock opened at $188.13 on Wednesday. The stock has a market capitalization of $74.58 billion, a PE ratio of 20.10 and a beta of 1.05. Invesco S&P 500 Equal Weight ETF has a 52-week low of $150.35 and a 52-week high of $190.54. The stock’s 50-day moving average price is $186.13 and its 200 day moving average price is $177.82.

About Invesco S&P 500 Equal Weight ETF

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).