Invesco S&P 500 Equal Weight ETF $RSP is Prasad Wealth Partners LLC’s 4th Largest Position

Prasad Wealth Partners LLC raised its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 91.9% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 86,970 shares of the company’s stock after acquiring an additional 41,646 shares during the quarter. Invesco S&P 500 Equal Weight ETF makes up about 4.6% of Prasad Wealth Partners LLC’s holdings, making the stock its 4th biggest holding. Prasad Wealth Partners LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $15,806,000 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 stake in shares of Invesco S&P 500 Equal Weight ETF during the 1st quarter worth approximately $30,000. OLD Second National Bank of Aurora purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 1st quarter worth approximately $31,000. Finally, Howe & Rusling Inc. lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 190.8% during the 1st quarter. Howe & Rusling Inc. now owns 189 shares of the company’s stock worth $33,000 after buying an additional 124 shares during the last quarter. Hedge funds and other institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Trading Down 0.0%

Shares of NYSEARCA:RSP opened at $191.19 on Tuesday. The company has a market capitalization of $75.15 billion, a PE ratio of 20.10 and a beta of 1.05. Invesco S&P 500 Equal Weight ETF has a twelve month low of $150.35 and a twelve month high of $192.30. The firm has a 50 day simple moving average of $187.31 and a 200-day simple moving average of $179.31.

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).