Corient Private Wealth LLC grew its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) by 303.3% in the second quarter, HoldingsChannel reports. The institutional investor owned 1,015,653 shares of the company’s stock after buying an additional 763,825 shares during the period. Corient Private Wealth LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $184,495,000 as of its most recent filing with the Securities and Exchange Commission.
Other institutional investors and hedge funds have also made changes to their positions in the company. Nova Wealth Management Inc. purchased a new position in Invesco S&P 500 Equal Weight ETF in the 2nd quarter worth $25,000. Uniplan Investment Counsel Inc. purchased a new stake in Invesco S&P 500 Equal Weight ETF during the 1st quarter valued at about $26,000. Investment Counsel Co. of Nevada acquired a new position in shares of Invesco S&P 500 Equal Weight ETF in the second quarter valued at about $29,000. Howe & Rusling Inc. raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 190.8% in the first quarter. Howe & Rusling Inc. now owns 189 shares of the company’s stock worth $33,000 after purchasing an additional 124 shares during the last quarter. Finally, GoalVest Advisory LLC purchased a new position in shares of Invesco S&P 500 Equal Weight ETF in the second quarter worth about $34,000. 61.18% of the stock is currently owned by institutional investors and hedge funds.
Invesco S&P 500 Equal Weight ETF Stock Down 0.7%
Shares of NYSEARCA RSP opened at $193.41 on Monday. The business’s 50 day moving average price is $189.04 and its 200 day moving average price is $186.11. The firm has a market cap of $74.81 billion, a P/E ratio of 20.10 and a beta of 0.99. Invesco S&P 500 Equal Weight ETF has a 52 week low of $150.35 and a 52 week high of $195.47.
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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Want to see what other hedge funds are holding RSP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report).
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