Stratos Wealth Advisors LLC Boosts Stock Position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Stratos Wealth Advisors LLC boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 7.4% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 63,224 shares of the company’s stock after purchasing an additional 4,375 shares during the quarter. Stratos Wealth Advisors LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $11,327,000 as of its most recent SEC filing.

Several other institutional investors have also bought and sold shares of RSP. Northwestern Mutual Wealth Management Co. increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 855.5% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 20,539,639 shares of the company’s stock worth $3,379,816,000 after buying an additional 18,390,083 shares during the last quarter. Strategic Financial Concepts LLC grew its position in Invesco S&P 500 Equal Weight ETF by 11,793.3% in the second quarter. Strategic Financial Concepts LLC now owns 6,406,233 shares of the company’s stock worth $10,524,000 after acquiring an additional 6,352,369 shares in the last quarter. JPMorgan Chase & Co. increased its stake in Invesco S&P 500 Equal Weight ETF by 48.9% during the first quarter. JPMorgan Chase & Co. now owns 7,094,524 shares of the company’s stock worth $1,201,600,000 after acquiring an additional 2,328,560 shares during the last quarter. US Bancorp DE raised its position in Invesco S&P 500 Equal Weight ETF by 2,150.4% during the second quarter. US Bancorp DE now owns 2,083,103 shares of the company’s stock valued at $342,213,000 after purchasing an additional 1,990,537 shares during the period. Finally, Global Assets Advisory LLC purchased a new stake in Invesco S&P 500 Equal Weight ETF during the first quarter valued at approximately $284,337,000.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of Invesco S&P 500 Equal Weight ETF stock opened at $181.82 on Friday. The stock has a market cap of $60.90 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90. The stock has a 50 day moving average price of $175.44 and a 200-day moving average price of $168.81. Invesco S&P 500 Equal Weight ETF has a one year low of $133.34 and a one year high of $182.22.

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).