Invesco S&P 500 Equal Weight ETF $RSP Shares Bought by Joule Financial LLC

Joule Financial LLC grew its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 1.4% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 220,300 shares of the company’s stock after acquiring an additional 3,093 shares during the period. Invesco S&P 500 Equal Weight ETF comprises 13.0% of Joule Financial LLC’s portfolio, making the stock its 2nd largest holding. Joule Financial LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $40,037,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Goldman Sachs Group Inc. lifted its holdings in shares of 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 buying an additional 6,254,609 shares during the period. Japan Science & Technology Agency purchased a new position in Invesco S&P 500 Equal Weight ETF in the first quarter worth $656,908,000. Phoenix Financial Ltd. acquired a new stake in Invesco S&P 500 Equal Weight ETF in the first quarter valued at $269,253,000. Invesco Ltd. boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 12.0% during the 1st quarter. Invesco Ltd. now owns 11,189,061 shares of the company’s stock worth $1,938,281,000 after purchasing an additional 1,195,627 shares in the last quarter. Finally, JPMorgan Chase & Co. boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 26.8% during the 1st quarter. JPMorgan Chase & Co. now owns 5,057,195 shares of the company’s stock worth $876,058,000 after purchasing an additional 1,069,297 shares in the last quarter. 61.18% of the stock is owned by hedge funds and other institutional investors.

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

Shares of RSP opened at $191.25 on Monday. The company has a 50-day simple moving average of $187.22 and a 200-day simple moving average of $179.19. The company has a market capitalization of $75.35 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 $192.30.

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).