Retireful LLC increased its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) by 175.8% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 95,849 shares of the company’s stock after purchasing an additional 61,095 shares during the quarter. Invesco S&P 500 Equal Weight ETF makes up approximately 12.7% of Retireful LLC’s holdings, making the stock its biggest holding. Retireful LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $17,172,000 at the end of the most recent reporting period.
Several other institutional investors have also recently added to or reduced their stakes in the company. 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 worth $3,379,816,000 after purchasing an additional 18,390,083 shares during the last quarter. Strategic Financial Concepts LLC boosted its holdings in 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 valued at $10,524,000 after acquiring an additional 6,352,369 shares during the last quarter. US Bancorp DE increased its position 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 worth $342,213,000 after purchasing an additional 1,990,537 shares during the period. Healthcare of Ontario Pension Plan Trust Fund increased its position in Invesco S&P 500 Equal Weight ETF by 174.6% in the second 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 during the period. Finally, Envestnet Portfolio Solutions Inc. raised its holdings in Invesco S&P 500 Equal Weight ETF by 1,276.7% during the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 758,169 shares of the company’s stock worth $124,552,000 after purchasing an additional 703,098 shares during the last quarter.
Invesco S&P 500 Equal Weight ETF Price Performance
RSP opened at $181.18 on Wednesday. The firm has a 50 day simple moving average of $179.05 and a 200 day simple moving average of $171.59. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $144.83 and a fifty-two week high of $185.79. The company has a market cap of $60.68 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90.
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).
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