TMD Wealth Management LLC Has $6.18 Million Holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

TMD Wealth Management LLC raised its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 23.5% during the second quarter, according to its most recent filing with the SEC. The firm owned 37,627 shares of the company’s stock after purchasing an additional 7,169 shares during the period. Invesco S&P 500 Equal Weight ETF accounts for approximately 1.4% of TMD Wealth Management LLC’s portfolio, making the stock its 17th largest position. TMD Wealth Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $6,181,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the company. JPMorgan Chase & Co. boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 48.9% during the 1st quarter. JPMorgan Chase & Co. now owns 7,094,524 shares of the company’s stock valued at $1,201,600,000 after purchasing an additional 2,328,560 shares in the last quarter. Strategic Financial Concepts LLC lifted its stake in Invesco S&P 500 Equal Weight ETF by 11,793.3% in the second quarter. Strategic Financial Concepts LLC now owns 6,406,233 shares of the company’s stock valued at $10,524,000 after buying an additional 6,352,369 shares during the period. UBS Group AG boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 1.5% during the 4th quarter. UBS Group AG now owns 6,039,483 shares of the company’s stock worth $953,030,000 after buying an additional 90,811 shares in the last quarter. Balyasny Asset Management L.P. acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 4th quarter worth approximately $671,392,000. Finally, LPL Financial LLC grew its position in shares of Invesco S&P 500 Equal Weight ETF by 0.9% during the 2nd quarter. LPL Financial LLC now owns 3,736,455 shares of the company’s stock worth $613,825,000 after buying an additional 34,825 shares during the period.

Invesco S&P 500 Equal Weight ETF Stock Up 1.0 %

Invesco S&P 500 Equal Weight ETF stock opened at $175.06 on Friday. The company has a market capitalization of $58.63 billion, a PE ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a 12-month low of $133.34 and a 12-month high of $175.96. The firm’s fifty day moving average is $170.04 and its 200 day moving average is $166.56.

About Invesco S&P 500 Equal Weight ETF

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).