6,826 Shares in Invesco S&P 500 Equal Weight ETF $RSP Purchased by Revolve Wealth Partners LLC

Revolve Wealth Partners LLC bought a new stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 6,826 shares of the company’s stock, valued at approximately $1,452,000.

Several other large investors have also recently bought and sold shares of the stock. Bay Rivers Group boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 98.8% in the second quarter. Bay Rivers Group now owns 2,710 shares of the company’s stock valued at $577,000 after acquiring an additional 1,347 shares in the last quarter. Sapient Capital LLC raised its holdings in Invesco S&P 500 Equal Weight ETF by 7.4% during the second quarter. Sapient Capital LLC now owns 263,400 shares of the company’s stock worth $56,044,000 after purchasing an additional 18,249 shares in the last quarter. Professional Financial Advisors LLC lifted its position in Invesco S&P 500 Equal Weight ETF by 11.3% in the second quarter. Professional Financial Advisors LLC now owns 7,404 shares of the company’s stock worth $1,575,000 after purchasing an additional 750 shares during the period. Fluent Financial LLC lifted its position in Invesco S&P 500 Equal Weight ETF by 3.3% in the second quarter. Fluent Financial LLC now owns 40,438 shares of the company’s stock worth $8,604,000 after purchasing an additional 1,307 shares during the period. Finally, Vertrix Wealth Management LLC bought a new position in Invesco S&P 500 Equal Weight ETF during the 2nd quarter valued at $271,000. Institutional investors and hedge funds own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of RSP stock opened at $220.22 on Tuesday. Invesco S&P 500 Equal Weight ETF has a 1 year low of $182.11 and a 1 year high of $221.09. The stock has a market cap of $99.52 billion, a PE ratio of 20.10 and a beta of 0.91. The business’s fifty day moving average is $213.08 and its 200-day moving average is $204.67.

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). 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.