Private Wealth Group LLC Has $8.73 Million Stock Holdings in Invesco S&P 500 Equal Weight ETF $RSP

Private Wealth Group LLC reduced its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 3.7% in the 2nd quarter, Holdings Channel reports. The fund owned 48,060 shares of the company’s stock after selling 1,863 shares during the quarter. Invesco S&P 500 Equal Weight ETF accounts for 4.6% of Private Wealth Group LLC’s portfolio, making the stock its 5th biggest position. Private Wealth Group LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $8,734,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of the business. Northwestern Mutual Wealth Management Co. increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 1.7% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 23,554,043 shares of the company’s stock worth $4,080,267,000 after acquiring an additional 396,957 shares in the last quarter. Invesco Ltd. increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 12.0% in the first quarter. Invesco Ltd. now owns 11,189,061 shares of the company’s stock worth $1,938,281,000 after acquiring an additional 1,195,627 shares in the last quarter. Goldman Sachs Group Inc. increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 219.6% in the first quarter. Goldman Sachs Group Inc. now owns 9,102,168 shares of the company’s stock worth $1,576,769,000 after acquiring an additional 6,254,609 shares in the last quarter. LPL Financial LLC increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 20.5% in the first quarter. LPL Financial LLC now owns 5,260,788 shares of the company’s stock worth $911,326,000 after acquiring an additional 894,245 shares in the last quarter. Finally, JPMorgan Chase & Co. increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 26.8% in the first quarter. JPMorgan Chase & Co. now owns 5,057,195 shares of the company’s stock worth $876,058,000 after acquiring an additional 1,069,297 shares in the last quarter. 61.18% of the stock is currently owned by institutional investors.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of Invesco S&P 500 Equal Weight ETF stock opened at $191.25 on Friday. The company has a market capitalization of $75.35 billion, a P/E ratio of 20.10 and a beta of 1.05. The business has a 50-day moving average of $187.22 and a two-hundred day moving average of $179.16. Invesco S&P 500 Equal Weight ETF has a 1 year low of $150.35 and a 1 year high of $192.30.

Invesco S&P 500 Equal Weight ETF Company 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).