AlTi Global Inc. Purchases 29,357 Shares of Invesco S&P 500 Equal Weight ETF $RSP

AlTi Global Inc. raised its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 36.4% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 110,057 shares of the company’s stock after buying an additional 29,357 shares during the quarter. Invesco S&P 500 Equal Weight ETF comprises 0.5% of AlTi Global Inc.’s portfolio, making the stock its 28th largest holding. AlTi Global Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $20,362,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Total Clarity Wealth Management Inc. grew its holdings in Invesco S&P 500 Equal Weight ETF by 25.4% during the 2nd quarter. Total Clarity Wealth Management Inc. now owns 4,304 shares of the company’s stock valued at $782,000 after buying an additional 872 shares in the last quarter. Strategic Family Wealth Counselors L.L.C. grew its holdings in Invesco S&P 500 Equal Weight ETF by 2.5% during the 1st quarter. Strategic Family Wealth Counselors L.L.C. now owns 53,961 shares of the company’s stock valued at $9,348,000 after buying an additional 1,320 shares in the last quarter. Almanack Investment Partners LLC. purchased a new position in Invesco S&P 500 Equal Weight ETF during the 2nd quarter valued at about $1,545,000. GAMMA Investing LLC grew its holdings in shares of Invesco S&P 500 Equal Weight ETF by 21.9% during the first quarter. GAMMA Investing LLC now owns 2,737 shares of the company’s stock worth $474,000 after purchasing an additional 492 shares in the last quarter. Finally, Biltmore Family Office LLC grew its holdings in shares of Invesco S&P 500 Equal Weight ETF by 20.7% during the first quarter. Biltmore Family Office LLC now owns 66,933 shares of the company’s stock worth $11,595,000 after purchasing an additional 11,477 shares in the last quarter. Hedge funds and other institutional investors own 61.18% of the company’s stock.

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

Shares of NYSEARCA RSP opened at $190.74 on Friday. Invesco S&P 500 Equal Weight ETF has a 12 month low of $150.35 and a 12 month high of $192.30. The firm has a market capitalization of $73.49 billion, a price-to-earnings ratio of 20.10 and a beta of 1.05. The business has a 50-day moving average of $188.55 and a 200-day moving average of $180.86.

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).