CPA Asset Management LLC Acquires 62 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

CPA Asset Management LLC raised its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 4.7% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 1,386 shares of the company’s stock after purchasing an additional 62 shares during the quarter. CPA Asset Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $248,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of RSP. Northwestern Mutual Wealth Management Co. lifted its position in Invesco S&P 500 Equal Weight ETF by 855.5% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 20,539,639 shares of the company’s stock worth $3,379,816,000 after buying an additional 18,390,083 shares in the last quarter. JPMorgan Chase & Co. lifted its position 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 worth $1,201,600,000 after purchasing an additional 2,328,560 shares in the last quarter. Strategic Financial Concepts LLC lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 11,793.3% during the second quarter. Strategic Financial Concepts LLC now owns 6,406,233 shares of the company’s stock worth $10,524,000 after purchasing an additional 6,352,369 shares in the last quarter. LPL Financial LLC grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 0.9% during 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. increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 0.4% in 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 in the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Performance

NYSEARCA:RSP opened at $179.51 on Wednesday. The company has a market cap of $60.13 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90. The stock’s fifty day moving average price is $175.97 and its two-hundred day moving average price is $169.03. Invesco S&P 500 Equal Weight ETF has a 52-week low of $133.34 and a 52-week high of $182.22.

About Invesco S&P 500 Equal Weight ETF

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).