Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) Shares Sold by Private Wealth Group LLC

Private Wealth Group LLC lowered its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 2.0% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 48,887 shares of the company’s stock after selling 987 shares during the quarter. Invesco S&P 500 Equal Weight ETF makes up about 4.4% of Private Wealth Group LLC’s investment portfolio, making the stock its 5th largest holding. Private Wealth Group LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $8,759,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. lifted its stake in Invesco S&P 500 Equal Weight ETF by 855.5% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 20,539,639 shares of the company’s stock valued at $3,379,816,000 after acquiring an additional 18,390,083 shares during the last quarter. JPMorgan Chase & Co. lifted its stake in shares of Invesco S&P 500 Equal Weight ETF by 48.9% during the 1st quarter. JPMorgan Chase & Co. now owns 7,094,524 shares of the company’s stock worth $1,201,600,000 after buying an additional 2,328,560 shares during the last quarter. Strategic Financial Concepts LLC lifted its stake in shares of Invesco S&P 500 Equal Weight ETF by 11,793.3% during the 2nd quarter. Strategic Financial Concepts LLC now owns 6,406,233 shares of the company’s stock worth $10,524,000 after buying an additional 6,352,369 shares during the last quarter. LPL Financial LLC lifted its stake in shares of Invesco S&P 500 Equal Weight ETF by 0.9% during the 2nd quarter. LPL Financial LLC now owns 3,736,455 shares of the company’s stock worth $613,825,000 after buying an additional 34,825 shares during the last quarter. Finally, Envestnet Asset Management Inc. lifted its stake in shares of Invesco S&P 500 Equal Weight ETF by 0.4% during the 2nd quarter. Envestnet Asset Management Inc. now owns 3,011,313 shares of the company’s stock worth $494,698,000 after buying an additional 11,263 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Performance

NYSEARCA RSP opened at $176.41 on Friday. The firm has a 50-day moving average of $177.03 and a 200-day moving average of $169.73. The stock has a market cap of $59.09 billion, a PE ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a 52-week low of $137.38 and a 52-week high of $182.22.

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).