9,577 Shares in Invesco S&P 500 Equal Weight ETF $RSP Bought by Ground Swell Capital LLC

Ground Swell Capital LLC bought a new stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 9,577 shares of the company’s stock, valued at approximately $1,817,000. Invesco S&P 500 Equal Weight ETF comprises approximately 4.0% of Ground Swell Capital LLC’s holdings, making the stock its biggest holding.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. North Peak Capital Management LLC lifted its stake in Invesco S&P 500 Equal Weight ETF by 227.3% during the second quarter. North Peak Capital Management LLC now owns 1,374,131 shares of the company’s stock worth $249,735,000 after purchasing an additional 2,453,262 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its holdings in Invesco S&P 500 Equal Weight ETF by 4.7% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 24,657,672 shares of the company’s stock worth $4,481,285,000 after purchasing an additional 1,103,629 shares in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 119.1% during the 2nd 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 buying an additional 1,102,322 shares during the last quarter. Corient Private Wealth LLC boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 303.3% in the 2nd quarter. Corient Private Wealth LLC now owns 1,015,653 shares of the company’s stock valued at $184,495,000 after buying an additional 763,825 shares in the last quarter. Finally, JPMorgan Chase & Co. boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 11.7% in the 2nd quarter. JPMorgan Chase & Co. now owns 5,646,560 shares of the company’s stock valued at $1,026,206,000 after buying an additional 589,365 shares in the last quarter. 61.18% of the stock is currently owned by institutional investors and hedge funds.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of NYSEARCA:RSP opened at $200.79 on Friday. Invesco S&P 500 Equal Weight ETF has a 12 month low of $150.35 and a 12 month high of $205.24. The firm has a market capitalization of $83.27 billion, a P/E ratio of 20.10 and a beta of 0.99. The company’s fifty day moving average price is $196.32 and its 200 day moving average price is $190.79.

Invesco S&P 500 Equal Weight ETF 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). 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.