Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) Stake Boosted by Diversify Advisory Services LLC

by · The Cerbat Gem

Diversify Advisory Services LLC increased its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) by 13.5% in the third quarter, HoldingsChannel reports. The firm owned 32,957 shares of the company’s stock after acquiring an additional 3,917 shares during the period. Diversify Advisory Services LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $5,916,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Northwestern Mutual Wealth Management Co. boosted its position in 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 valued at $3,379,816,000 after purchasing an additional 18,390,083 shares during the last quarter. JPMorgan Chase & Co. grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 48.9% during the first 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 last quarter. Strategic Financial Concepts LLC lifted its position in Invesco S&P 500 Equal Weight ETF by 11,793.3% during the 2nd quarter. Strategic Financial Concepts LLC now owns 6,406,233 shares of the company’s stock valued at $10,524,000 after purchasing an additional 6,352,369 shares during the period. LPL Financial LLC increased its holdings in Invesco S&P 500 Equal Weight ETF by 0.9% in the second quarter. LPL Financial LLC now owns 3,736,455 shares of the company’s stock valued at $613,825,000 after purchasing an additional 34,825 shares during the last quarter. Finally, Envestnet Asset Management Inc. grew its holdings in Invesco S&P 500 Equal Weight ETF by 0.4% during the second quarter. Envestnet Asset Management Inc. now owns 3,011,313 shares of the company’s stock valued at $494,698,000 after purchasing an additional 11,263 shares during the period.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of Invesco S&P 500 Equal Weight ETF stock traded down $0.86 during trading hours on Tuesday, hitting $178.26. The company’s stock had a trading volume of 324,289 shares, compared to its average volume of 6,031,524. Invesco S&P 500 Equal Weight ETF has a 12 month low of $133.54 and a 12 month high of $182.22. The stock has a 50 day moving average of $176.64 and a 200 day moving average of $169.39. The company has a market capitalization of $59.71 billion, a PE ratio of 20.44 and a beta of 0.90.

About Invesco S&P 500 Equal Weight ETF

(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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