Invesco S&P 500 Equal Weight ETF $RSP Shares Bought by Davidson Capital Management Inc.

Davidson Capital Management Inc. grew its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 2.0% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 161,798 shares of the company’s stock after purchasing an additional 3,185 shares during the period. Invesco S&P 500 Equal Weight ETF makes up approximately 7.1% of Davidson Capital Management Inc.’s investment portfolio, making the stock its 4th largest holding. Davidson Capital Management Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $29,405,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also modified their holdings of the company. Goldman Sachs Group Inc. grew its position in 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 valued at $1,576,769,000 after buying an additional 6,254,609 shares in the last quarter. Japan Science & Technology Agency bought a new position in shares of Invesco S&P 500 Equal Weight ETF in the first quarter valued at approximately $656,908,000. Phoenix Financial Ltd. acquired a new position in shares of Invesco S&P 500 Equal Weight ETF during the first quarter valued at approximately $269,253,000. Invesco Ltd. raised its holdings in 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 worth $1,938,281,000 after purchasing an additional 1,195,627 shares in the last quarter. Finally, JPMorgan Chase & Co. raised its holdings in 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 worth $876,058,000 after purchasing 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

Shares of NYSEARCA RSP opened at $188.64 on Tuesday. Invesco S&P 500 Equal Weight ETF has a 1 year low of $150.35 and a 1 year high of $192.33. The firm has a market cap of $72.97 billion, a P/E ratio of 20.10 and a beta of 0.99. The stock has a fifty day moving average price of $188.75 and a two-hundred day moving average price of $183.51.

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).