Pasadena Private Wealth LLC Has $929,000 Holdings in Invesco S&P 500 Equal Weight ETF $RSP

Pasadena Private Wealth LLC grew its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 7.2% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 5,110 shares of the company’s stock after purchasing an additional 345 shares during the period. Pasadena Private Wealth LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $929,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the business. Banco Santander S.A. grew its position in shares of Invesco S&P 500 Equal Weight ETF by 59.3% during the 2nd quarter. Banco Santander S.A. now owns 345,279 shares of the company’s stock worth $62,751,000 after purchasing an additional 128,594 shares in the last quarter. Wealthfront Advisers LLC lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 23.9% during the 2nd quarter. Wealthfront Advisers LLC now owns 27,476 shares of the company’s stock worth $4,993,000 after acquiring an additional 5,294 shares during the period. Topsail Wealth Management LLC lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 1.0% during the 2nd quarter. Topsail Wealth Management LLC now owns 7,471 shares of the company’s stock worth $1,358,000 after acquiring an additional 75 shares during the period. Ingalls & Snyder LLC lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 2.1% during the 2nd quarter. Ingalls & Snyder LLC now owns 3,758 shares of the company’s stock worth $683,000 after acquiring an additional 79 shares during the period. Finally, Darden Wealth Group Inc bought a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 2nd quarter worth approximately $311,000. Institutional investors and hedge funds own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Trading Up 0.3%

Shares of Invesco S&P 500 Equal Weight ETF stock opened at $191.26 on Monday. The company has a 50 day moving average of $188.66 and a 200-day moving average of $181.43. Invesco S&P 500 Equal Weight ETF has a 1-year low of $150.35 and a 1-year high of $192.30. The company has a market cap of $73.85 billion, a PE ratio of 20.10 and a beta of 1.05.

About Invesco S&P 500 Equal Weight ETF

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).