Invesco S&P 500 Equal Weight ETF $RSP Shares Acquired by GM Advisory Group LLC

GM Advisory Group LLC boosted its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 22.7% during the 2nd quarter, HoldingsChannel reports. The fund owned 26,157 shares of the company’s stock after buying an additional 4,833 shares during the period. GM Advisory Group LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $4,754,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of the stock. Goldman Sachs Group Inc. raised its stake 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 buying an additional 6,254,609 shares in the last quarter. Japan Science & Technology Agency acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 1st quarter valued at approximately $656,908,000. Invesco Ltd. lifted its stake 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 worth $1,938,281,000 after purchasing an additional 1,195,627 shares during the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its holdings in Invesco S&P 500 Equal Weight ETF by 119.1% in the second quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 2,027,552 shares of the company’s stock worth $368,487,000 after purchasing an additional 1,102,322 shares during the period. Finally, JPMorgan Chase & Co. increased its stake 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 purchasing an additional 1,069,297 shares during the last quarter. Institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Stock Performance

Invesco S&P 500 Equal Weight ETF stock opened at $190.50 on Thursday. The firm’s 50-day moving average is $188.45 and its 200-day moving average is $184.83. Invesco S&P 500 Equal Weight ETF has a 1 year low of $150.35 and a 1 year high of $192.33. The company has a market cap of $73.69 billion, a P/E ratio of 20.10 and a beta of 0.99.

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).