Bartlett & CO. Wealth Management LLC lifted its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) by 566.1% in the second quarter, Holdings Channel.com reports. The firm owned 2,418 shares of the company’s stock after buying an additional 2,055 shares during the period. Bartlett & CO. Wealth Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $439,000 at the end of the most recent quarter.
Several other institutional investors have also added to or reduced their stakes in the company. Nova Wealth Management Inc. purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF during the second quarter valued at $25,000. Uniplan Investment Counsel Inc. bought a new position in shares of Invesco S&P 500 Equal Weight ETF in the 1st quarter worth $26,000. Richardson Capital Management LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF during the first quarter valued at about $30,000. OLD Second National Bank of Aurora acquired a new stake in Invesco S&P 500 Equal Weight ETF in the first quarter valued at approximately $31,000. Finally, Howe & Rusling Inc. boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 190.8% in the 1st quarter. Howe & Rusling Inc. now owns 189 shares of the company’s stock worth $33,000 after purchasing an additional 124 shares in the last quarter. Institutional investors own 61.18% of the company’s stock.
Invesco S&P 500 Equal Weight ETF Stock Up 0.2%
RSP opened at $190.58 on Friday. Invesco S&P 500 Equal Weight ETF has a 52-week low of $150.35 and a 52-week high of $190.95. The company has a market cap of $75.55 billion, a P/E ratio of 20.10 and a beta of 1.05. The firm’s 50-day moving average price is $187.15 and its 200-day moving average price is $179.02.
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).
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