FAS Wealth Partners Inc. increased its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) by 8.7% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 427,572 shares of the company’s stock after acquiring an additional 34,363 shares during the quarter. Invesco S&P 500 Equal Weight ETF makes up about 5.8% of FAS Wealth Partners Inc.’s portfolio, making the stock its 2nd largest position. FAS Wealth Partners Inc. owned approximately 0.11% of Invesco S&P 500 Equal Weight ETF worth $77,707,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other large investors have also bought and sold shares of the stock. Brighton Jones LLC boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 3.4% during the 4th quarter. Brighton Jones LLC now owns 7,516 shares of the company’s stock worth $1,317,000 after purchasing an additional 246 shares in the last quarter. Heck Capital Advisors LLC bought a new stake in Invesco S&P 500 Equal Weight ETF in the 4th quarter valued at about $83,931,000. Bison Wealth LLC raised its stake in Invesco S&P 500 Equal Weight ETF by 25.8% during the 4th quarter. Bison Wealth LLC now owns 20,957 shares of the company’s stock worth $3,672,000 after buying an additional 4,295 shares during the period. Deutsche Bank AG raised its stake in Invesco S&P 500 Equal Weight ETF by 369.7% during the 1st quarter. Deutsche Bank AG now owns 222,504 shares of the company’s stock worth $38,544,000 after buying an additional 175,130 shares during the period. Finally, Financial Engines Advisors L.L.C. boosted its holdings in Invesco S&P 500 Equal Weight ETF by 13.3% in the first quarter. Financial Engines Advisors L.L.C. now owns 2,443 shares of the company’s stock worth $423,000 after acquiring an additional 287 shares in the last quarter. 61.18% of the stock is currently owned by institutional investors and hedge funds.
Invesco S&P 500 Equal Weight ETF Stock Performance
Shares of Invesco S&P 500 Equal Weight ETF stock opened at $193.17 on Thursday. The stock has a market capitalization of $74.72 billion, a PE ratio of 20.10 and a beta of 0.99. Invesco S&P 500 Equal Weight ETF has a 52 week low of $150.35 and a 52 week high of $193.60. The stock has a 50 day moving average price of $188.92 and a two-hundred day moving average price of $185.79.
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).
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