TFO Wealth Partners LLC Purchases New Stake in Invesco S&P 500 Equal Weight ETF $RSP

TFO Wealth Partners LLC bought a new position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 1,794 shares of the company’s stock, valued at approximately $326,000.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Goldman Sachs Group Inc. grew its holdings in shares of Invesco S&P 500 Equal Weight ETF by 219.6% during the first quarter. Goldman Sachs Group Inc. now owns 9,102,168 shares of the company’s stock valued at $1,576,769,000 after purchasing an additional 6,254,609 shares during the last quarter. Japan Science & Technology Agency bought a new position in shares of Invesco S&P 500 Equal Weight ETF during the first quarter worth about $656,908,000. Phoenix Financial Ltd. acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 1st quarter worth about $269,253,000. Invesco Ltd. grew its position in Invesco S&P 500 Equal Weight ETF by 12.0% in 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 during the last quarter. Finally, JPMorgan Chase & Co. increased its stake in shares of Invesco S&P 500 Equal Weight ETF by 26.8% in the first quarter. JPMorgan Chase & Co. now owns 5,057,195 shares of the company’s stock valued at $876,058,000 after purchasing an additional 1,069,297 shares during the period. 61.18% of the stock is owned by institutional investors and hedge funds.

Invesco S&P 500 Equal Weight ETF Trading Up 0.8%

Invesco S&P 500 Equal Weight ETF stock opened at $187.56 on Monday. The stock has a market cap of $72.55 billion, a price-to-earnings ratio of 20.10 and a beta of 0.99. Invesco S&P 500 Equal Weight ETF has a 52 week low of $150.35 and a 52 week high of $192.33. The company’s 50-day moving average price is $188.74 and its two-hundred day moving average price is $183.36.

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).