Invesco S&P 500 Equal Weight ETF $RSP Shares Purchased by CMG Global Holdings LLC

CMG Global Holdings LLC grew its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 13.6% during the third quarter, Holdings Channel reports. The firm owned 35,694 shares of the company’s stock after purchasing an additional 4,262 shares during the period. Invesco S&P 500 Equal Weight ETF makes up approximately 3.3% of CMG Global Holdings LLC’s investment portfolio, making the stock its 8th largest position. CMG Global Holdings LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $6,741,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also modified their holdings of the stock. Northwestern Mutual Wealth Management Co. grew its position in shares of Invesco S&P 500 Equal Weight ETF by 4.7% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 24,657,672 shares of the company’s stock valued at $4,481,285,000 after buying an additional 1,103,629 shares during the last quarter. JPMorgan Chase & Co. boosted its stake in Invesco S&P 500 Equal Weight ETF by 11.7% in the second quarter. JPMorgan Chase & Co. now owns 5,646,560 shares of the company’s stock valued at $1,026,206,000 after acquiring an additional 589,365 shares in the last quarter. Japan Science & Technology Agency purchased a new position in shares of Invesco S&P 500 Equal Weight ETF during the first quarter worth about $656,908,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its position in shares of Invesco S&P 500 Equal Weight ETF by 119.1% during the second quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 2,027,552 shares of the company’s stock worth $368,487,000 after purchasing an additional 1,102,322 shares in the last quarter. Finally, Cerity Partners LLC lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 24.0% in the 2nd quarter. Cerity Partners LLC now owns 1,701,457 shares of the company’s stock valued at $309,223,000 after purchasing an additional 329,842 shares during the last quarter. Hedge funds and other institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Stock Up 0.0%

Shares of NYSEARCA RSP opened at $193.84 on Friday. The business has a 50-day moving average price of $189.93 and a 200 day moving average price of $187.08. The stock has a market cap of $74.98 billion, a PE 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 $195.46.

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). The Index utilizes quarterly rebalancing to maintain its equal-weight stance. Under normal circumstances, the Fund will invest at least 90% of its net assets, plus any borrowing for investment purposes, in the equity securities (and derivatives thereof) included in the Index.