Simplicity Wealth LLC grew its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) by 93.6% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 23,320 shares of the company’s stock after purchasing an additional 11,277 shares during the quarter. Simplicity Wealth LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $4,238,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in RSP. Realta Investment Advisors increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 15.5% in the 2nd quarter. Realta Investment Advisors now owns 410 shares of the company’s stock valued at $75,000 after acquiring an additional 55 shares during the period. Battery Global Advisors LLC increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 0.5% in the 1st quarter. Battery Global Advisors LLC now owns 12,604 shares of the company’s stock valued at $2,183,000 after acquiring an additional 60 shares during the period. Rosenberg Matthew Hamilton increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 1.6% in the 1st quarter. Rosenberg Matthew Hamilton now owns 3,951 shares of the company’s stock valued at $684,000 after acquiring an additional 61 shares during the period. Ehrlich Financial Group increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 1.4% in the 2nd quarter. Ehrlich Financial Group now owns 4,792 shares of the company’s stock valued at $871,000 after acquiring an additional 65 shares during the period. Finally, Live Oak Private Wealth LLC increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 2.0% in the 1st quarter. Live Oak Private Wealth LLC now owns 3,428 shares of the company’s stock valued at $594,000 after acquiring an additional 67 shares during the period. Institutional investors and hedge funds own 61.18% of the company’s stock.
Invesco S&P 500 Equal Weight ETF Price Performance
Shares of Invesco S&P 500 Equal Weight ETF stock opened at $191.25 on Friday. The firm’s fifty day simple moving average is $187.22 and its 200-day simple moving average is $179.16. The stock has a market capitalization 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 has a 12 month low of $150.35 and a 12 month 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).
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