New England Private Wealth Advisors LLC Has $10.19 Million Stake in Invesco S&P 500 Equal Weight ETF $RSP

New England Private Wealth Advisors LLC cut its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 1.5% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 54,970 shares of the company’s stock after selling 852 shares during the quarter. Invesco S&P 500 Equal Weight ETF comprises 1.5% of New England Private Wealth Advisors LLC’s portfolio, making the stock its 18th biggest holding. New England Private Wealth Advisors LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $10,187,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of RSP. Northwestern Mutual Wealth Management Co. grew its position in shares of Invesco S&P 500 Equal Weight ETF by 1.7% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 23,554,043 shares of the company’s stock valued at $4,080,267,000 after purchasing an additional 396,957 shares during the last quarter. Invesco Ltd. boosted its stake in Invesco S&P 500 Equal Weight ETF by 12.0% in the 1st quarter. Invesco Ltd. now owns 11,189,061 shares of the company’s stock valued at $1,938,281,000 after purchasing an additional 1,195,627 shares during the period. Goldman Sachs Group Inc. boosted its stake in Invesco S&P 500 Equal Weight ETF by 219.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 9,102,168 shares of the company’s stock valued at $1,576,769,000 after purchasing an additional 6,254,609 shares during the period. LPL Financial LLC grew its holdings in Invesco S&P 500 Equal Weight ETF by 20.5% in the 1st quarter. LPL Financial LLC now owns 5,260,788 shares of the company’s stock valued at $911,326,000 after buying an additional 894,245 shares in the last quarter. Finally, JPMorgan Chase & Co. increased its position in Invesco S&P 500 Equal Weight ETF by 26.8% during the 1st quarter. JPMorgan Chase & Co. now owns 5,057,195 shares of the company’s stock worth $876,058,000 after buying an additional 1,069,297 shares during the period. 61.18% of the stock is owned by institutional investors.

Invesco S&P 500 Equal Weight ETF Stock Performance

RSP opened at $188.64 on Tuesday. The stock has a fifty day moving average of $188.75 and a 200-day moving average of $183.51. The company has a market capitalization of $72.97 billion, a P/E ratio of 20.10 and a beta of 0.99. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $150.35 and a fifty-two week high of $192.33.

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).