Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) Shares Purchased by Elk River Wealth Management LLC

Elk River Wealth Management LLC lifted its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 2.1% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 192,011 shares of the company’s stock after purchasing an additional 3,864 shares during the quarter. Invesco S&P 500 Equal Weight ETF accounts for 6.3% of Elk River Wealth Management LLC’s holdings, making the stock its 3rd biggest holding. Elk River Wealth Management LLC owned approximately 0.06% of Invesco S&P 500 Equal Weight ETF worth $34,401,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. Northwestern Mutual Wealth Management Co. lifted its stake in Invesco S&P 500 Equal Weight ETF by 855.5% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 20,539,639 shares of the company’s stock valued at $3,379,816,000 after purchasing an additional 18,390,083 shares during the last quarter. Strategic Financial Concepts LLC boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 11,793.3% during the 2nd quarter. Strategic Financial Concepts LLC now owns 6,406,233 shares of the company’s stock valued at $10,524,000 after acquiring an additional 6,352,369 shares in the last quarter. JPMorgan Chase & Co. grew its position in 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 worth $1,201,600,000 after acquiring an additional 2,328,560 shares during the last quarter. US Bancorp DE increased its position in shares of Invesco S&P 500 Equal Weight ETF by 2,150.4% during the second quarter. US Bancorp DE now owns 2,083,103 shares of the company’s stock worth $342,213,000 after buying an additional 1,990,537 shares during the period. Finally, Global Assets Advisory LLC acquired a new position in Invesco S&P 500 Equal Weight ETF in the first quarter valued at $284,337,000.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of RSP stock traded up $0.41 during mid-day trading on Monday, hitting $180.31. The company’s stock had a trading volume of 898,784 shares, compared to its average volume of 6,144,311. The company has a market cap of $60.39 billion, a PE ratio of 20.44 and a beta of 0.90. The company’s fifty day simple moving average is $173.79 and its 200-day simple moving average is $168.38. Invesco S&P 500 Equal Weight ETF has a 52 week low of $133.34 and a 52 week high of $180.41.

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).