1,632 Shares in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) Bought by JB Capital LLC

JB Capital LLC bought a new position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 1,632 shares of the company’s stock, valued at approximately $292,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of RSP. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of 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. Strategic Financial Concepts LLC boosted its stake in 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 acquiring an additional 6,352,369 shares in the last quarter. JPMorgan Chase & Co. grew its holdings in 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 purchasing an additional 2,328,560 shares during the period. US Bancorp DE increased its stake in 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 valued at $342,213,000 after purchasing an additional 1,990,537 shares in the last quarter. Finally, Healthcare of Ontario Pension Plan Trust Fund raised its holdings in shares of Invesco S&P 500 Equal Weight ETF by 174.6% during the second quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 2,340,000 shares of the company’s stock valued at $384,415,000 after purchasing an additional 1,488,000 shares during the period.

Invesco S&P 500 Equal Weight ETF Stock Performance

RSP stock opened at $183.08 on Friday. The stock’s 50 day simple moving average is $177.34 and its 200 day simple moving average is $170.22. The company has a market cap of $61.32 billion, a P/E ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $139.03 and a fifty-two week high of $183.54.

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).