J.Safra Asset Management Corp Has $42.79 Million Stock Position in Invesco S&P 500 Equal Weight ETF $RSP

J.Safra Asset Management Corp raised its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 1.2% in the 2nd quarter, according to the company in its most recent filing with the SEC. The firm owned 236,570 shares of the company’s stock after acquiring an additional 2,852 shares during the quarter. Invesco S&P 500 Equal Weight ETF makes up about 3.1% of J.Safra Asset Management Corp’s portfolio, making the stock its 13th largest holding. J.Safra Asset Management Corp owned about 0.06% of Invesco S&P 500 Equal Weight ETF worth $42,793,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Nova Wealth Management Inc. acquired a new position in Invesco S&P 500 Equal Weight ETF in the 2nd quarter valued at approximately $25,000. Uniplan Investment Counsel Inc. acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF during the first quarter worth $26,000. Richardson Capital Management LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF during the first quarter worth $30,000. OLD Second National Bank of Aurora acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF during the first quarter worth $31,000. Finally, Howe & Rusling Inc. increased its position in shares of Invesco S&P 500 Equal Weight ETF by 190.8% during the first quarter. Howe & Rusling Inc. now owns 189 shares of the company’s stock worth $33,000 after buying an additional 124 shares during the period. 61.18% of the stock is currently owned by institutional investors and hedge funds.

Invesco S&P 500 Equal Weight ETF Stock Up 1.0%

RSP opened at $186.92 on Tuesday. Invesco S&P 500 Equal Weight ETF has a twelve month low of $150.35 and a twelve month high of $192.30. The company has a fifty day moving average of $187.75 and a 200-day moving average of $179.81. The stock has a market cap of $72.93 billion, a PE ratio of 20.10 and a beta of 1.05.

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).