Prospera Financial Services Inc lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) by 44.8% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 44,504 shares of the company’s stock after purchasing an additional 13,776 shares during the quarter. Prospera Financial Services Inc’s holdings in Invesco S&P 500 Equal Weight ETF were worth $7,977,000 as of its most recent filing with the SEC.
Several other hedge funds and other institutional investors have also made changes to their positions in the business. Northwestern Mutual Wealth Management Co. raised its position 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 in the last quarter. Strategic Financial Concepts LLC raised its holdings 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 acquiring an additional 6,352,369 shares in the last quarter. US Bancorp DE lifted 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 worth $342,213,000 after acquiring an additional 1,990,537 shares during the last quarter. Healthcare of Ontario Pension Plan Trust Fund grew its holdings in Invesco S&P 500 Equal Weight ETF by 174.6% during the 2nd quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 2,340,000 shares of the company’s stock worth $384,415,000 after acquiring an additional 1,488,000 shares in the last quarter. Finally, Envestnet Portfolio Solutions Inc. increased its position in shares of Invesco S&P 500 Equal Weight ETF by 1,276.7% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 758,169 shares of the company’s stock valued at $124,552,000 after purchasing an additional 703,098 shares during the last quarter.
Invesco S&P 500 Equal Weight ETF Trading Up 0.4 %
Invesco S&P 500 Equal Weight ETF stock opened at $181.69 on Tuesday. The company has a fifty day simple moving average of $178.87 and a 200-day simple moving average of $171.46. The stock has a market cap of $60.86 billion, a P/E ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a 12-month low of $144.83 and a 12-month high of $185.79.
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).
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