Forvis Mazars Wealth Advisors LLC Has $17.62 Million Stock Holdings in Invesco S&P 500 Equal Weight ETF $RSP

Forvis Mazars Wealth Advisors LLC lessened its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 8.6% during the 2nd quarter, HoldingsChannel reports. The fund owned 96,971 shares of the company’s stock after selling 9,134 shares during the quarter. Forvis Mazars Wealth Advisors LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $17,623,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in the company. Northwestern Mutual Wealth Management Co. lifted its stake in shares of Invesco S&P 500 Equal Weight ETF by 1.7% during 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 acquiring an additional 396,957 shares during the period. Invesco Ltd. lifted its stake in shares of 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 during the period. Goldman Sachs Group Inc. lifted its stake in shares of 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 during the period. LPL Financial LLC lifted its stake in shares of Invesco S&P 500 Equal Weight ETF by 20.5% during the first quarter. LPL Financial LLC now owns 5,260,788 shares of the company’s stock valued at $911,326,000 after acquiring an additional 894,245 shares during the period. Finally, JPMorgan Chase & Co. lifted its stake in shares of 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 during the period. Institutional investors and hedge funds own 61.18% of the company’s stock.

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

Shares of RSP opened at $188.01 on Friday. Invesco S&P 500 Equal Weight ETF has a 12-month low of $150.35 and a 12-month high of $192.30. The firm has a market capitalization of $72.67 billion, a PE ratio of 20.10 and a beta of 1.05. The stock’s fifty day simple moving average is $188.16 and its 200-day simple moving average is $180.16.

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).