Family Manage LLC Purchases 63,975 Shares of Invesco S&P 500 Equal Weight ETF $RSP

Family Manage LLC boosted its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 7,927.5% during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 64,782 shares of the company’s stock after buying an additional 63,975 shares during the quarter. Invesco S&P 500 Equal Weight ETF makes up about 1.5% of Family Manage LLC’s portfolio, making the stock its 16th biggest position. Family Manage LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $12,433,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of RSP. Gateway Wealth Partners LLC lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 60.2% in the first quarter. Gateway Wealth Partners LLC now owns 64,713 shares of the company’s stock worth $12,420,000 after purchasing an additional 24,315 shares in the last quarter. Visualize Group LP acquired a new stake in Invesco S&P 500 Equal Weight ETF in the 1st quarter valued at $22,512,000. Royal Capital Wealth Management LLC lifted its position in Invesco S&P 500 Equal Weight ETF by 56.7% during the 1st quarter. Royal Capital Wealth Management LLC now owns 5,045 shares of the company’s stock worth $968,000 after buying an additional 1,826 shares in the last quarter. Ameraudi Asset Management Inc. lifted its position in Invesco S&P 500 Equal Weight ETF by 20.9% during the 1st quarter. Ameraudi Asset Management Inc. now owns 17,332 shares of the company’s stock worth $3,326,000 after buying an additional 3,000 shares in the last quarter. Finally, Cypress Capital Group boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 4.4% during the 1st quarter. Cypress Capital Group now owns 9,845 shares of the company’s stock worth $1,889,000 after buying an additional 415 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 Price Performance

RSP stock opened at $213.57 on Monday. Invesco S&P 500 Equal Weight ETF has a twelve month low of $179.94 and a twelve month high of $216.37. The business has a 50 day moving average price of $210.53 and a two-hundred day moving average price of $203.11. The company has a market cap of $95.89 billion, a price-to-earnings ratio of 20.10 and a beta of 0.91.

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). The Index utilizes quarterly rebalancing to maintain its equal-weight stance. Under normal circumstances, the Fund will invest at least 90% of its net assets, plus any borrowing for investment purposes, in the equity securities (and derivatives thereof) included in the Index.