FAS Wealth Partners Inc. Has $85.60 Million Holdings in Invesco S&P 500 Equal Weight ETF $RSP

FAS Wealth Partners Inc. grew its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 5.5% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 451,260 shares of the company’s stock after buying an additional 23,688 shares during the period. Invesco S&P 500 Equal Weight ETF accounts for about 5.8% of FAS Wealth Partners Inc.’s investment portfolio, making the stock its 2nd biggest holding. FAS Wealth Partners Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $85,604,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Northwestern Mutual Wealth Management Co. raised its stake in Invesco S&P 500 Equal Weight ETF by 4.7% during 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 acquiring an additional 1,103,629 shares in the last quarter. JPMorgan Chase & Co. increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 11.7% during the second quarter. JPMorgan Chase & Co. now owns 5,646,560 shares of the company’s stock valued at $1,026,206,000 after purchasing an additional 589,365 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its holdings 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 valued at $368,487,000 after purchasing an additional 1,102,322 shares during the period. Cerity Partners LLC raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 3.2% during the third quarter. Cerity Partners LLC now owns 1,756,382 shares of the company’s stock valued at $333,186,000 after purchasing an additional 54,925 shares in the last quarter. Finally, Bank of New York Mellon Corp lifted its holdings in Invesco S&P 500 Equal Weight ETF by 0.3% in the second quarter. Bank of New York Mellon Corp now owns 1,689,136 shares of the company’s stock worth $306,984,000 after purchasing an additional 4,350 shares during the period. 61.18% of the stock is currently owned by institutional investors and hedge funds.

Invesco S&P 500 Equal Weight ETF Trading Down 0.3%

Invesco S&P 500 Equal Weight ETF stock opened at $199.05 on Friday. The stock has a market cap of $80.05 billion, a price-to-earnings ratio of 20.10 and a beta of 0.99. The company’s 50-day moving average price is $191.98 and its two-hundred day moving average price is $188.86. Invesco S&P 500 Equal Weight ETF has a 52 week low of $150.35 and a 52 week high of $200.10.

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.