Pure Portfolios Holdings LLC Acquires 120 Shares of Invesco S&P 500 Equal Weight ETF $RSP

Pure Portfolios Holdings LLC lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 5.4% during the 2nd quarter, Holdings Channel reports. The firm owned 2,342 shares of the company’s stock after purchasing an additional 120 shares during the period. Pure Portfolios Holdings LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $426,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. NBT Bank N A NY increased its stake in Invesco S&P 500 Equal Weight ETF by 5.5% during the 2nd quarter. NBT Bank N A NY now owns 2,031 shares of the company’s stock worth $369,000 after acquiring an additional 105 shares during the period. Madden Advisory Services Inc. increased its position in shares of Invesco S&P 500 Equal Weight ETF by 2.5% in the second quarter. Madden Advisory Services Inc. now owns 6,921 shares of the company’s stock worth $1,258,000 after purchasing an additional 172 shares during the period. Sax Wealth Advisors LLC increased its position in shares of Invesco S&P 500 Equal Weight ETF by 105.2% in the second quarter. Sax Wealth Advisors LLC now owns 19,281 shares of the company’s stock worth $3,504,000 after purchasing an additional 9,887 shares during the period. Venturi Wealth Management LLC increased its position in shares of Invesco S&P 500 Equal Weight ETF by 3.1% in the second quarter. Venturi Wealth Management LLC now owns 3,189 shares of the company’s stock worth $580,000 after purchasing an additional 96 shares during the period. Finally, Kingswood Wealth Advisors LLC increased its holdings in Invesco S&P 500 Equal Weight ETF by 40.6% in the 2nd quarter. Kingswood Wealth Advisors LLC now owns 9,961 shares of the company’s stock valued at $1,810,000 after buying an additional 2,877 shares during the period. Institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Stock Down 0.4%

RSP stock opened at $190.35 on Wednesday. Invesco S&P 500 Equal Weight ETF has a 12 month low of $150.35 and a 12 month high of $192.30. The firm has a market cap of $74.82 billion, a P/E ratio of 20.10 and a beta of 1.05. The company’s 50-day moving average price is $187.39 and its two-hundred day moving average price is $179.39.

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).