Axis Wealth Partners LLC Invests $1.16 Million in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Posted by Patrick Bannon on Mar 9th, 2025

Axis Wealth Partners LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 6,602 shares of the company’s stock, valued at approximately $1,157,000.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in RSP. Pettinga Financial Advisors LLC bought a new stake in Invesco S&P 500 Equal Weight ETF during the third quarter valued at about $529,000. QRG Capital Management Inc. lifted its position in Invesco S&P 500 Equal Weight ETF by 7.3% during the third quarter. QRG Capital Management Inc. now owns 3,238 shares of the company’s stock valued at $580,000 after purchasing an additional 219 shares during the last quarter. Kornitzer Capital Management Inc. KS purchased a new position in Invesco S&P 500 Equal Weight ETF in the third quarter worth about $2,730,000. Equitable Trust Co. raised its holdings in Invesco S&P 500 Equal Weight ETF by 9.7% during the 3rd quarter. Equitable Trust Co. now owns 112,354 shares of the company’s stock valued at $20,129,000 after buying an additional 9,965 shares during the period. Finally, CWA Asset Management Group LLC bought a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 3rd quarter worth about $871,000.

Invesco S&P 500 Equal Weight ETF Trading Up 0.9 %

Shares of RSP opened at $176.69 on Friday. The firm has a market capitalization of $73.45 billion, a P/E ratio of 21.37 and a beta of 1.07. Invesco S&P 500 Equal Weight ETF has a 12-month low of $158.83 and a 12-month high of $188.16. The firm has a fifty day moving average price of $179.07 and a 200-day moving average price of $179.13.

Invesco S&P 500 Equal Weight ETF Company Profile

(Free Report)

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).