Joel Isaacson & Co. LLC Increases Stock Holdings in Invesco S&P 500 Equal Weight ETF $RSP

Joel Isaacson & Co. LLC raised its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 30.3% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 13,961 shares of the company’s stock after acquiring an additional 3,245 shares during the quarter. Joel Isaacson & Co. LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $2,648,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of RSP. Northwestern Mutual Wealth Management Co. increased its stake in Invesco S&P 500 Equal Weight ETF by 4.7% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 24,657,672 shares of the company’s stock worth $4,481,285,000 after buying an additional 1,103,629 shares during the period. JPMorgan Chase & Co. grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 11.7% in the second quarter. JPMorgan Chase & Co. now owns 5,646,560 shares of the company’s stock worth $1,026,206,000 after acquiring an additional 589,365 shares in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its position in shares of Invesco S&P 500 Equal Weight ETF by 119.1% during the second quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 2,027,552 shares of the company’s stock worth $368,487,000 after acquiring an additional 1,102,322 shares during the period. Cerity Partners LLC raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 3.2% in the third quarter. Cerity Partners LLC now owns 1,756,382 shares of the company’s stock valued at $333,186,000 after acquiring an additional 54,925 shares in the last quarter. Finally, Bank of New York Mellon Corp raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 0.3% in the second quarter. Bank of New York Mellon Corp now owns 1,689,136 shares of the company’s stock valued at $306,984,000 after acquiring an additional 4,350 shares in the last quarter. 61.18% of the stock is currently owned by hedge funds and other institutional investors.

Invesco S&P 500 Equal Weight ETF Price Performance

RSP opened at $196.08 on Wednesday. The stock has a market capitalization of $78.98 billion, a price-to-earnings ratio of 20.10 and a beta of 0.99. The business has a fifty day moving average price of $192.32 and a 200 day moving average price of $189.06. Invesco S&P 500 Equal Weight ETF has a 12 month low of $150.35 and a 12 month high of $200.10.

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). 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.