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

Tradewinds LLC. raised its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 1,192.1% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 17,779 shares of the company’s stock after purchasing an additional 16,403 shares during the quarter. Invesco S&P 500 Equal Weight ETF accounts for approximately 2.5% of Tradewinds LLC.’s investment portfolio, making the stock its 11th biggest holding. Tradewinds LLC.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $3,231,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Nova Wealth Management Inc. purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF in the second quarter worth about $25,000. Uniplan Investment Counsel Inc. acquired a new position in Invesco S&P 500 Equal Weight ETF in the first quarter valued at approximately $26,000. Howe & Rusling Inc. boosted its position in Invesco S&P 500 Equal Weight ETF by 190.8% in the 1st quarter. Howe & Rusling Inc. now owns 189 shares of the company’s stock worth $33,000 after purchasing an additional 124 shares in the last quarter. GoalVest Advisory LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 2nd quarter worth approximately $34,000. Finally, Olde Wealth Management LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 1st quarter worth approximately $37,000. 61.18% of the stock is owned by institutional investors and hedge funds.

Invesco S&P 500 Equal Weight ETF Stock Performance

RSP stock opened at $187.52 on Friday. Invesco S&P 500 Equal Weight ETF has a one year low of $150.35 and a one year high of $192.33. The firm’s fifty day moving average is $188.93 and its 200 day moving average is $182.06. The firm has a market cap of $72.45 billion, a PE ratio of 20.10 and a beta of 0.99.

Invesco S&P 500 Equal Weight ETF 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).