Chemistry Wealth Management LLC Acquires 150 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Chemistry Wealth Management LLC raised its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 2.9% during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 5,323 shares of the company’s stock after buying an additional 150 shares during the quarter. Chemistry Wealth Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $902,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Morgan Stanley boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 12.8% during the third quarter. Morgan Stanley now owns 18,941,150 shares of the company’s stock valued at $2,683,772,000 after purchasing an additional 2,153,993 shares in the last quarter. Truist Financial Corp boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 1.5% during the third quarter. Truist Financial Corp now owns 7,814,755 shares of the company’s stock valued at $1,107,273,000 after purchasing an additional 112,526 shares in the last quarter. UBS Group AG boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 1.5% during the fourth quarter. UBS Group AG now owns 6,039,483 shares of the company’s stock valued at $953,030,000 after purchasing an additional 90,811 shares in the last quarter. Clal Insurance Enterprises Holdings Ltd bought a new stake in shares of Invesco S&P 500 Equal Weight ETF during the fourth quarter valued at approximately $860,010,000. Finally, Balyasny Asset Management L.P. bought a new stake in shares of Invesco S&P 500 Equal Weight ETF during the fourth quarter valued at approximately $671,392,000.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of NYSEARCA RSP traded down $0.62 during mid-day trading on Wednesday, hitting $163.96. 3,574,844 shares of the stock traded hands, compared to its average volume of 6,094,762. Invesco S&P 500 Equal Weight ETF has a 52 week low of $133.34 and a 52 week high of $169.80. The company has a market cap of $54.92 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90. The stock has a fifty day moving average price of $164.43 and a 200-day moving average price of $161.86.

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).