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

Nwam LLC raised its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 17.0% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 23,017 shares of the company’s stock after buying an additional 3,349 shares during the period. Nwam LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $4,897,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also modified their holdings of the company. Nalls Sherbakoff Group LLC acquired a new position in Invesco S&P 500 Equal Weight ETF during the 4th quarter worth about $29,000. Brandywine Financial Group lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 636.8% during the second quarter. Brandywine Financial Group now owns 140 shares of the company’s stock worth $30,000 after purchasing an additional 121 shares in the last quarter. Hurley Capital LLC boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 200.0% in the fourth quarter. Hurley Capital LLC now owns 177 shares of the company’s stock valued at $34,000 after purchasing an additional 118 shares during the period. Asset Dedication LLC purchased a new position in shares of Invesco S&P 500 Equal Weight ETF in the first quarter valued at approximately $36,000. Finally, Basepoint Wealth LLC acquired a new position in shares of Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at approximately $40,000. 61.18% of the stock is owned by institutional investors and hedge funds.

Invesco S&P 500 Equal Weight ETF Stock Down 0.6%

Shares of RSP opened at $219.39 on Tuesday. The company has a market cap of $99.14 billion, a P/E ratio of 20.10 and a beta of 0.91. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $182.11 and a fifty-two week high of $223.43. The firm’s 50 day moving average price is $216.53 and its 200 day moving average price is $206.95.

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). The Index utilizes quarterly rebalancing to maintain its equal-weight stance. Under normal circumstances, the Fund will invest at least 90% of its net assets, plus any borrowing for investment purposes, in the equity securities (and derivatives thereof) included in the Index.