Global Retirement Partners LLC Boosts Holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

by · The Cerbat Gem

Global Retirement Partners LLC grew its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) by 58.6% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 60,492 shares of the company’s stock after acquiring an additional 22,347 shares during the quarter. Global Retirement Partners LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $10,838,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in RSP. Northwestern Mutual Wealth Management Co. raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 855.5% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 20,539,639 shares of the company’s stock worth $3,379,816,000 after acquiring an additional 18,390,083 shares in the last quarter. Strategic Financial Concepts LLC increased its stake in shares of 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 worth $10,524,000 after buying an additional 6,352,369 shares during the period. JPMorgan Chase & Co. increased its stake in shares of Invesco S&P 500 Equal Weight ETF by 48.9% in the first quarter. JPMorgan Chase & Co. now owns 7,094,524 shares of the company’s stock worth $1,201,600,000 after buying an additional 2,328,560 shares during the period. US Bancorp DE increased its stake in shares of Invesco S&P 500 Equal Weight ETF by 2,150.4% in the second quarter. US Bancorp DE now owns 2,083,103 shares of the company’s stock worth $342,213,000 after buying an additional 1,990,537 shares during the period. Finally, Global Assets Advisory LLC purchased a new position in shares of Invesco S&P 500 Equal Weight ETF in the first quarter worth $284,337,000.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of NYSEARCA RSP traded down $0.12 during mid-day trading on Thursday, hitting $181.50. The stock had a trading volume of 1,610,457 shares, compared to its average volume of 6,122,132. Invesco S&P 500 Equal Weight ETF has a 1 year low of $133.34 and a 1 year high of $182.22. The business has a 50 day moving average price of $174.84 and a two-hundred day moving average price of $168.63. The firm has a market cap of $60.79 billion, a P/E 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).

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