Invesco S&P 500 Equal Weight ETF $RSP Shares Purchased by Operose Advisors LLC

Operose Advisors LLC boosted its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 10.4% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 55,590 shares of the company’s stock after buying an additional 5,242 shares during the quarter. Invesco S&P 500 Equal Weight ETF makes up approximately 2.3% of Operose Advisors LLC’s portfolio, making the stock its 7th largest holding. Operose Advisors LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $11,829,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the company. Ameliora Wealth Management Ltd. raised its holdings in shares of Invesco S&P 500 Equal Weight ETF by 9.6% during the second quarter. Ameliora Wealth Management Ltd. now owns 1,960 shares of the company’s stock valued at $417,000 after acquiring an additional 171 shares during the last quarter. HB Wealth Management LLC boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 1.0% in the second quarter. HB Wealth Management LLC now owns 230,643 shares of the company’s stock worth $49,074,000 after acquiring an additional 2,187 shares during the last quarter. Azimuth Capital Investment Management LLC increased its position in shares of Invesco S&P 500 Equal Weight ETF by 2.1% during the second quarter. Azimuth Capital Investment Management LLC now owns 32,462 shares of the company’s stock worth $6,907,000 after purchasing an additional 653 shares in the last quarter. Kaydan Wealth Management Inc. increased its position in shares of Invesco S&P 500 Equal Weight ETF by 1.5% during the second quarter. Kaydan Wealth Management Inc. now owns 97,323 shares of the company’s stock worth $20,708,000 after purchasing an additional 1,455 shares in the last quarter. Finally, Rose Capital Advisors LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF during the second quarter worth approximately $368,000. 61.18% of the stock is currently owned by institutional investors and hedge funds.

Invesco S&P 500 Equal Weight ETF Stock Performance

NYSEARCA RSP opened at $219.00 on Friday. The business has a fifty day moving average price of $217.21 and a 200 day moving average price of $207.38. The company has a market cap of $98.97 billion, a P/E ratio of 20.10 and a beta of 0.91. Invesco S&P 500 Equal Weight ETF has a one year low of $182.11 and a one year high of $223.43.

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). 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.