Invesco S&P 500 Equal Weight ETF $RSP is Wingate Wealth Advisors Inc.’s 10th Largest Position

Wingate Wealth Advisors Inc. trimmed its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 6.4% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 13,931 shares of the company’s stock after selling 960 shares during the quarter. Invesco S&P 500 Equal Weight ETF comprises 2.3% of Wingate Wealth Advisors Inc.’s holdings, making the stock its 10th largest position. Wingate Wealth Advisors Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $2,532,000 at the end of the most recent quarter.

Other institutional investors have also recently modified their holdings of the company. Goldman Sachs Group Inc. raised its position in 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 valued at $1,576,769,000 after acquiring an additional 6,254,609 shares in the last quarter. Japan Science & Technology Agency purchased a new position in Invesco S&P 500 Equal Weight ETF during the first quarter valued at approximately $656,908,000. Phoenix Financial Ltd. purchased a new position in Invesco S&P 500 Equal Weight ETF during the first quarter valued at approximately $269,253,000. Invesco Ltd. raised its position in Invesco S&P 500 Equal Weight ETF by 12.0% during 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 in the last quarter. Finally, JPMorgan Chase & Co. raised its position in Invesco S&P 500 Equal Weight ETF by 26.8% during 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 in the last quarter. 61.18% of the stock is currently owned by hedge funds and other institutional investors.

Invesco S&P 500 Equal Weight ETF Trading Up 0.5%

Shares of RSP stock opened at $188.01 on Friday. The stock has a 50 day moving average of $188.16 and a 200 day moving average of $180.16. The stock has a market cap of $72.67 billion, a P/E ratio of 20.10 and a beta of 1.05. Invesco S&P 500 Equal Weight ETF has a twelve month low of $150.35 and a twelve month high of $192.30.

Invesco S&P 500 Equal Weight ETF Company 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).