Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) Shares Purchased by Thrivent Financial for Lutherans

Thrivent Financial for Lutherans raised its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 1.2% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 16,504 shares of the company’s stock after purchasing an additional 197 shares during the period. Thrivent Financial for Lutherans’ holdings in Invesco S&P 500 Equal Weight ETF were worth $2,957,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Northwestern Mutual Wealth Management Co. grew its stake 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 valued at $3,379,816,000 after purchasing 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 2nd quarter. Strategic Financial Concepts LLC now owns 6,406,233 shares of the company’s stock valued at $10,524,000 after buying an additional 6,352,369 shares during the last quarter. LPL Financial LLC increased its stake in Invesco S&P 500 Equal Weight ETF by 0.9% in the 2nd quarter. LPL Financial LLC now owns 3,736,455 shares of the company’s stock valued at $613,825,000 after buying an additional 34,825 shares during the period. Envestnet Asset Management Inc. raised its position in 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. Finally, Healthcare of Ontario Pension Plan Trust Fund lifted its stake in shares of Invesco S&P 500 Equal Weight ETF by 174.6% in the 2nd quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 2,340,000 shares of the company’s stock worth $384,415,000 after acquiring an additional 1,488,000 shares during the period.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of NYSEARCA:RSP opened at $187.23 on Wednesday. The firm has a market capitalization of $62.71 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90. The business’s 50 day simple moving average is $180.09 and its 200-day simple moving average is $172.30. Invesco S&P 500 Equal Weight ETF has a 12 month low of $146.09 and a 12 month high of $187.99.

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).