Cadent Capital Advisors LLC Purchases 7,242 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

by · The Cerbat Gem

Cadent Capital Advisors LLC lifted its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSPFree Report) by 7.6% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 102,472 shares of the company’s stock after purchasing an additional 7,242 shares during the period. Invesco S&P 500 Equal Weight ETF comprises 5.6% of Cadent Capital Advisors LLC’s investment portfolio, making the stock its largest holding. Cadent Capital Advisors LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $18,359,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Northwestern Mutual Wealth Management Co. grew its position in shares of Invesco S&P 500 Equal Weight ETF by 855.5% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 20,539,639 shares of the company’s stock valued at $3,379,816,000 after buying an additional 18,390,083 shares during the last quarter. Strategic Financial Concepts LLC boosted its holdings in Invesco S&P 500 Equal Weight ETF by 11,793.3% in the second quarter. Strategic Financial Concepts LLC now owns 6,406,233 shares of the company’s stock valued at $10,524,000 after acquiring an additional 6,352,369 shares during the last quarter. JPMorgan Chase & Co. increased its position in Invesco S&P 500 Equal Weight ETF by 48.9% during the 1st quarter. JPMorgan Chase & Co. now owns 7,094,524 shares of the company’s stock valued at $1,201,600,000 after purchasing an additional 2,328,560 shares during the period. US Bancorp DE raised its holdings in Invesco S&P 500 Equal Weight ETF by 2,150.4% during the 2nd quarter. US Bancorp DE now owns 2,083,103 shares of the company’s stock worth $342,213,000 after purchasing an additional 1,990,537 shares during the last quarter. Finally, Global Assets Advisory LLC acquired a new position in shares of Invesco S&P 500 Equal Weight ETF in the 1st quarter worth approximately $284,337,000.

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

RSP opened at $181.87 on Friday. Invesco S&P 500 Equal Weight ETF has a twelve month low of $133.34 and a twelve month high of $182.22. The company has a fifty day moving average of $175.44 and a 200-day moving average of $168.82. The stock has a market cap of $60.92 billion, a PE ratio of 20.44 and a beta of 0.90.

Invesco S&P 500 Equal Weight ETF Profile

(Free Report)

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).

See Also

Want to see what other hedge funds are holding RSP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSPFree Report).