Evernest Financial Advisors LLC Acquires 3,241 Shares of Invesco S&P 500 Equal Weight ETF $RSP

Evernest Financial Advisors LLC lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 4.2% during the 2nd quarter, Holdings Channel.com reports. The firm owned 80,039 shares of the company’s stock after acquiring an additional 3,241 shares during the period. Invesco S&P 500 Equal Weight ETF accounts for about 4.7% of Evernest Financial Advisors LLC’s investment portfolio, making the stock its 4th largest holding. Evernest Financial Advisors LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $14,546,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in RSP. Goldman Sachs Group Inc. boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 219.6% during the first quarter. Goldman Sachs Group Inc. now owns 9,102,168 shares of the company’s stock worth $1,576,769,000 after purchasing an additional 6,254,609 shares during the last quarter. Japan Science & Technology Agency acquired a new position in Invesco S&P 500 Equal Weight ETF in the first quarter valued at $656,908,000. Phoenix Financial Ltd. acquired a new position in Invesco S&P 500 Equal Weight ETF in the first quarter valued at $269,253,000. Invesco Ltd. boosted its holdings in Invesco S&P 500 Equal Weight ETF by 12.0% in the first quarter. Invesco Ltd. now owns 11,189,061 shares of the company’s stock valued at $1,938,281,000 after acquiring an additional 1,195,627 shares during the last quarter. Finally, JPMorgan Chase & Co. boosted its holdings in Invesco S&P 500 Equal Weight ETF by 26.8% in the first quarter. JPMorgan Chase & Co. now owns 5,057,195 shares of the company’s stock valued at $876,058,000 after acquiring an additional 1,069,297 shares during the last quarter. Institutional investors and hedge funds own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Trading Up 0.2%

Shares of Invesco S&P 500 Equal Weight ETF stock opened at $188.85 on Thursday. Invesco S&P 500 Equal Weight ETF has a twelve month low of $150.35 and a twelve month high of $192.30. The stock has a market capitalization of $73.19 billion, a P/E ratio of 20.10 and a beta of 1.05. The business’s fifty day moving average price is $187.97 and its 200 day moving average price is $179.93.

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).