ABLE Financial Group LLC boosted its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) by 24.2% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,706 shares of the company’s stock after acquiring an additional 528 shares during the quarter. ABLE Financial Group LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $485,000 at the end of the most recent quarter.
Other institutional investors also recently bought and sold shares of the company. Northwestern Mutual Wealth Management Co. grew its holdings in Invesco S&P 500 Equal Weight ETF by 855.5% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 20,539,639 shares of the company’s stock worth $3,379,816,000 after acquiring an additional 18,390,083 shares in the last quarter. Strategic Financial Concepts LLC raised its stake in 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 worth $10,524,000 after acquiring an additional 6,352,369 shares in the last quarter. JPMorgan Chase & Co. lifted its position in Invesco S&P 500 Equal Weight ETF by 48.9% in the first quarter. JPMorgan Chase & Co. now owns 7,094,524 shares of the company’s stock valued at $1,201,600,000 after acquiring an additional 2,328,560 shares during the last quarter. US Bancorp DE boosted its stake in Invesco S&P 500 Equal Weight ETF by 2,150.4% in the second quarter. US Bancorp DE now owns 2,083,103 shares of the company’s stock valued at $342,213,000 after acquiring an additional 1,990,537 shares in the last quarter. Finally, Healthcare of Ontario Pension Plan Trust Fund grew its holdings in shares of Invesco S&P 500 Equal Weight ETF by 174.6% during the second quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 2,340,000 shares of the company’s stock worth $384,415,000 after purchasing an additional 1,488,000 shares during the last quarter.
Invesco S&P 500 Equal Weight ETF Stock Performance
NYSEARCA RSP traded up $1.01 during trading on Friday, reaching $184.09. The company’s stock had a trading volume of 2,115,015 shares, compared to its average volume of 6,054,275. The business’s fifty day moving average price is $177.34 and its 200-day moving average price is $170.22. Invesco S&P 500 Equal Weight ETF has a twelve month low of $139.03 and a twelve month high of $184.19. The firm has a market cap of $61.66 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90.
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).
See Also
- Five stocks we like better than Invesco S&P 500 Equal Weight ETF
- Stock Market Upgrades: What Are They?
- The Hottest Markets to Watch After the Fed’s 25 Bps Rate Cut
- Using the MarketBeat Stock Split Calculator
- The Top 5 Performing S&P 500 Stocks YTD in 2024
- Most Volatile Stocks, What Investors Need to Know
- L3Harris: Positioned for Gains With Trump’s Defense Policies
Want to see what other hedge funds are holding RSP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report).
Receive News & Ratings for Invesco S&P 500 Equal Weight ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco S&P 500 Equal Weight ETF and related companies with MarketBeat.com's FREE daily email newsletter.
