Invesco S&P 500 Equal Weight ETF $RSP is Biltmore Family Office LLC’s 4th Largest Position

Biltmore Family Office LLC raised its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 39.1% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 93,084 shares of the company’s stock after acquiring an additional 26,151 shares during the quarter. Invesco S&P 500 Equal Weight ETF makes up about 2.9% of Biltmore Family Office LLC’s holdings, making the stock its 4th biggest holding. Biltmore Family Office LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $16,917,000 at the end of the most recent reporting period.

Other institutional investors also recently added to or reduced their stakes in the company. Nova Wealth Management Inc. purchased a new position in Invesco S&P 500 Equal Weight ETF in the second quarter worth approximately $25,000. Uniplan Investment Counsel Inc. purchased a new position in Invesco S&P 500 Equal Weight ETF in the first quarter worth approximately $26,000. Richardson Capital Management LLC purchased a new position in Invesco S&P 500 Equal Weight ETF in the first quarter worth approximately $30,000. Howe & Rusling Inc. lifted its stake in Invesco S&P 500 Equal Weight ETF by 190.8% in the first quarter. Howe & Rusling Inc. now owns 189 shares of the company’s stock worth $33,000 after acquiring an additional 124 shares during the last quarter. Finally, GoalVest Advisory LLC purchased a new position in Invesco S&P 500 Equal Weight ETF in the second quarter worth approximately $34,000. Hedge funds and other institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Stock Down 0.9%

Shares of Invesco S&P 500 Equal Weight ETF stock opened at $190.46 on Wednesday. Invesco S&P 500 Equal Weight ETF has a 52-week low of $150.35 and a 52-week high of $192.33. The company has a 50 day moving average of $188.86 and a 200 day moving average of $181.84. The company has a market capitalization of $73.54 billion, a P/E ratio of 20.10 and a beta of 0.99.

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).