Invesco S&P 500 Equal Weight ETF $RSP Shares Purchased by Partnership Wealth Management LLC

Partnership Wealth Management LLC lifted its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 55.5% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 56,467 shares of the company’s stock after purchasing an additional 20,154 shares during the period. Invesco S&P 500 Equal Weight ETF accounts for 8.3% of Partnership Wealth Management LLC’s portfolio, making the stock its 3rd largest holding. Partnership Wealth Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $10,712,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Japan Science & Technology Agency acquired a new position in Invesco S&P 500 Equal Weight ETF during the first quarter worth approximately $656,908,000. North Peak Capital Management LLC boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 227.3% during the 2nd quarter. North Peak Capital Management LLC now owns 1,374,131 shares of the company’s stock worth $249,735,000 after acquiring an additional 2,453,262 shares during the period. Northwestern Mutual Wealth Management Co. boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 4.7% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 24,657,672 shares of the company’s stock worth $4,481,285,000 after acquiring an additional 1,103,629 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 119.1% during the 2nd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 2,027,552 shares of the company’s stock worth $368,487,000 after acquiring an additional 1,102,322 shares during the last quarter. Finally, Corient Private Wealth LLC raised its stake in Invesco S&P 500 Equal Weight ETF by 303.3% in the 2nd quarter. Corient Private Wealth LLC now owns 1,015,653 shares of the company’s stock valued at $184,495,000 after acquiring an additional 763,825 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 Price Performance

Shares of Invesco S&P 500 Equal Weight ETF stock opened at $191.77 on Thursday. The business has a fifty day simple moving average of $189.15 and a two-hundred day simple moving average of $186.38. Invesco S&P 500 Equal Weight ETF has a 1 year low of $150.35 and a 1 year high of $195.46. The company has a market capitalization of $74.18 billion, a price-to-earnings ratio of 20.10 and a beta of 0.99.

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).