Winthrop Capital Management LLC Has $11.75 Million Stock Position in Invesco S&P 500 Equal Weight ETF $RSP

Winthrop Capital Management LLC reduced its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 1.4% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 64,657 shares of the company’s stock after selling 925 shares during the quarter. Invesco S&P 500 Equal Weight ETF makes up about 3.0% of Winthrop Capital Management LLC’s holdings, making the stock its 8th largest position. Winthrop Capital Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $11,751,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of the business. Goldman Sachs Group Inc. increased its position in shares of Invesco S&P 500 Equal Weight ETF by 219.6% during the 1st 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 purchased a new stake in Invesco S&P 500 Equal Weight ETF during the first quarter worth about $656,908,000. Phoenix Financial Ltd. purchased a new stake in Invesco S&P 500 Equal Weight ETF during the first quarter worth about $269,253,000. Invesco Ltd. raised its position in Invesco S&P 500 Equal Weight ETF by 12.0% in the first quarter. Invesco Ltd. now owns 11,189,061 shares of the company’s stock worth $1,938,281,000 after acquiring an additional 1,195,627 shares during the period. Finally, JPMorgan Chase & Co. boosted its stake in 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 acquiring an additional 1,069,297 shares during the last quarter. Hedge funds and other institutional investors own 61.18% of the company’s stock.

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

Shares of RSP stock opened at $187.56 on Friday. The company has a 50 day moving average of $188.74 and a 200-day moving average of $183.23. Invesco S&P 500 Equal Weight ETF has a 12-month low of $150.35 and a 12-month high of $192.33. The firm has a market cap of $72.55 billion, a P/E ratio of 20.10 and a beta of 0.99.

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).