Donald L. Hagan LLC Takes Position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Donald L. Hagan LLC purchased a new position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 4,065 shares of the company’s stock, valued at approximately $728,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of RSP. Northwestern Mutual Wealth Management Co. grew its holdings 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 buying an additional 18,390,083 shares in the last quarter. Strategic Financial Concepts LLC grew its holdings in shares of 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 purchasing an additional 6,352,369 shares during the period. JPMorgan Chase & Co. increased its position in Invesco S&P 500 Equal Weight ETF by 48.9% during the first quarter. JPMorgan Chase & Co. now owns 7,094,524 shares of the company’s stock worth $1,201,600,000 after purchasing an additional 2,328,560 shares during the last quarter. US Bancorp DE raised its stake in 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 purchasing an additional 1,990,537 shares during the period. Finally, Healthcare of Ontario Pension Plan Trust Fund boosted its holdings in Invesco S&P 500 Equal Weight ETF by 174.6% in the 2nd quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 2,340,000 shares of the company’s stock valued at $384,415,000 after purchasing an additional 1,488,000 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Up 1.8 %

Shares of Invesco S&P 500 Equal Weight ETF stock traded up $3.23 during mid-day trading on Wednesday, hitting $181.90. The stock had a trading volume of 4,334,137 shares, compared to its average volume of 6,021,531. The firm has a market cap of $60.93 billion, a P/E ratio of 20.44 and a beta of 0.90. The firm has a 50-day moving average of $177.16 and a two-hundred day moving average of $170.13. Invesco S&P 500 Equal Weight ETF has a 12-month low of $139.03 and a 12-month high of $183.38.

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).