Truvestments Capital LLC Purchases Shares of 164 Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Truvestments Capital LLC acquired a new stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm acquired 164 shares of the company’s stock, valued at approximately $29,000.

A number of other hedge funds have also recently made changes to their positions in the business. Northwestern Mutual Wealth Management Co. raised its position in 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 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 valued at $10,524,000 after purchasing an additional 6,352,369 shares in the last quarter. US Bancorp DE boosted its holdings in Invesco S&P 500 Equal Weight ETF by 2,150.4% during the second 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. Healthcare of Ontario Pension Plan Trust Fund grew its position in Invesco S&P 500 Equal Weight ETF by 174.6% in the 2nd quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 2,340,000 shares of the company’s stock worth $384,415,000 after purchasing an additional 1,488,000 shares in the last quarter. Finally, Envestnet Portfolio Solutions Inc. increased its stake in Invesco S&P 500 Equal Weight ETF by 1,276.7% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 758,169 shares of the company’s stock valued at $124,552,000 after buying an additional 703,098 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Down 0.1 %

Invesco S&P 500 Equal Weight ETF stock opened at $187.05 on Friday. Invesco S&P 500 Equal Weight ETF has a 52 week low of $146.09 and a 52 week high of $188.09. The company’s 50 day moving average price is $180.49 and its two-hundred day moving average price is $172.51. The stock has a market cap of $62.65 billion, a P/E ratio of 20.44 and a beta of 0.90.

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).