Fulton Breakefield Broenniman LLC trimmed its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) by 2.3% in the 2nd quarter, Holdings Channel reports. The fund owned 23,148 shares of the company’s stock after selling 547 shares during the quarter. Fulton Breakefield Broenniman LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $4,207,000 as of its most recent SEC filing.
Several other institutional investors also recently modified their holdings of the business. Northwestern Mutual Wealth Management Co. increased its stake in shares of Invesco S&P 500 Equal Weight ETF by 1.7% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 23,554,043 shares of the company’s stock worth $4,080,267,000 after acquiring an additional 396,957 shares in the last quarter. Invesco Ltd. increased its stake in shares of 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 worth $1,938,281,000 after acquiring an additional 1,195,627 shares in the last quarter. Goldman Sachs Group Inc. increased its stake in shares of 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 worth $1,576,769,000 after acquiring an additional 6,254,609 shares in the last quarter. LPL Financial LLC increased its stake in shares of 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 worth $911,326,000 after acquiring an additional 894,245 shares in the last quarter. Finally, JPMorgan Chase & Co. increased its stake in shares of Invesco S&P 500 Equal Weight ETF by 26.8% in the 1st quarter. JPMorgan Chase & Co. now owns 5,057,195 shares of the company’s stock worth $876,058,000 after acquiring an additional 1,069,297 shares in the last quarter. 61.18% of the stock is currently owned by institutional investors.
Invesco S&P 500 Equal Weight ETF Stock Performance
NYSEARCA:RSP opened at $190.97 on Thursday. The firm has a market cap of $75.06 billion, a P/E ratio of 20.10 and a beta of 1.05. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $150.35 and a fifty-two week high of $192.30. The firm has a 50-day simple moving average of $187.50 and a two-hundred day simple moving average of $179.47.
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).
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