Invesco S&P 500 Equal Weight ETF $RSP Stock Position Lifted by Retireful LLC

Retireful LLC lifted its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 102.1% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 46,086 shares of the company’s stock after acquiring an additional 23,287 shares during the quarter. Invesco S&P 500 Equal Weight ETF makes up approximately 9.3% of Retireful LLC’s holdings, making the stock its biggest position. Retireful LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $9,806,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Charis Legacy Partners LLC increased its stake in shares of Invesco S&P 500 Equal Weight ETF by 0.5% in the second quarter. Charis Legacy Partners LLC now owns 10,780 shares of the company’s stock worth $2,294,000 after purchasing an additional 49 shares in the last quarter. Canvas Wealth Advisors LLC lifted its stake in shares of Invesco S&P 500 Equal Weight ETF by 1.2% during the 2nd quarter. Canvas Wealth Advisors LLC now owns 4,373 shares of the company’s stock valued at $930,000 after buying an additional 50 shares in the last quarter. Cary Street Partners Investment Advisory LLC boosted its holdings in Invesco S&P 500 Equal Weight ETF by 5.5% in the 4th quarter. Cary Street Partners Investment Advisory LLC now owns 982 shares of the company’s stock worth $188,000 after buying an additional 51 shares during the period. Ballast Rock Private Wealth LLC boosted its holdings in Invesco S&P 500 Equal Weight ETF by 0.8% in the 1st quarter. Ballast Rock Private Wealth LLC now owns 6,800 shares of the company’s stock worth $1,305,000 after buying an additional 51 shares during the period. Finally, Boston Standard Wealth Management LLC boosted its holdings in Invesco S&P 500 Equal Weight ETF by 2.7% in the 2nd quarter. Boston Standard Wealth Management LLC now owns 2,012 shares of the company’s stock worth $431,000 after buying an additional 53 shares during the period. Hedge funds and other institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Stock Up 0.5%

NYSEARCA:RSP opened at $218.60 on Thursday. The business’s 50-day simple moving average is $216.87 and its two-hundred day simple moving average is $207.17. The stock has a market cap of $98.79 billion, a PE ratio of 20.10 and a beta of 0.91. Invesco S&P 500 Equal Weight ETF has a 52 week low of $182.11 and a 52 week high of $223.43.

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). The Index utilizes quarterly rebalancing to maintain its equal-weight stance. Under normal circumstances, the Fund will invest at least 90% of its net assets, plus any borrowing for investment purposes, in the equity securities (and derivatives thereof) included in the Index.