Invesco S&P 500 Equal Weight ETF $RSP Shares Purchased by Jacksonville Wealth Management LLC

Jacksonville Wealth Management LLC lifted its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 9.6% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 79,167 shares of the company’s stock after acquiring an additional 6,917 shares during the period. Invesco S&P 500 Equal Weight ETF accounts for approximately 8.6% of Jacksonville Wealth Management LLC’s investment portfolio, making the stock its 3rd biggest holding. Jacksonville Wealth Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $16,468,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in RSP. Venture Visionary Partners LLC boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 1.6% in the 3rd quarter. Venture Visionary Partners LLC now owns 384,586 shares of the company’s stock valued at $80,002,000 after acquiring an additional 5,887 shares during the last quarter. Rhodes Investment Advisors Inc. ADV purchased a new position in shares of Invesco S&P 500 Equal Weight ETF during the third quarter worth $794,000. Corient Private Wealth LP lifted its position in Invesco S&P 500 Equal Weight ETF by 17.5% during the second quarter. Corient Private Wealth LP now owns 396,727 shares of the company’s stock valued at $84,412,000 after purchasing an additional 58,956 shares during the period. Echo45 Advisors LLC lifted its position in Invesco S&P 500 Equal Weight ETF by 2.8% during the second quarter. Echo45 Advisors LLC now owns 87,450 shares of the company’s stock valued at $18,607,000 after purchasing an additional 2,346 shares during the period. Finally, Comprehensive Financial Consultants Institutional Inc. acquired a new position in Invesco S&P 500 Equal Weight ETF during the third quarter valued at $2,939,000. Hedge funds and other institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Stock Up 1.9%

Shares of RSP opened at $223.33 on Thursday. Invesco S&P 500 Equal Weight ETF has a 52 week low of $182.11 and a 52 week high of $223.50. The company has a market capitalization of $102.98 billion, a price-to-earnings ratio of 20.10 and a beta of 0.91. The stock’s 50-day moving average price is $214.99 and its 200-day moving average price is $208.08.

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.