Invesco S&P 500 Equal Weight ETF $RSP Shares Bought by Wealthfront Advisers LLC

Wealthfront Advisers LLC grew its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 23.9% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 27,476 shares of the company’s stock after acquiring an additional 5,294 shares during the period. Wealthfront Advisers LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $4,993,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Nova Wealth Management Inc. purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 2nd quarter valued at about $25,000. Uniplan Investment Counsel Inc. acquired a new stake in Invesco S&P 500 Equal Weight ETF in the first quarter valued at approximately $26,000. Richardson Capital Management LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF during the first quarter valued at approximately $30,000. Howe & Rusling Inc. lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 190.8% during the first quarter. Howe & Rusling Inc. now owns 189 shares of the company’s stock worth $33,000 after purchasing an additional 124 shares in the last quarter. Finally, Olde Wealth Management LLC purchased a new position in shares of Invesco S&P 500 Equal Weight ETF in the first quarter valued at $37,000. 61.18% of the stock is owned by hedge funds and other institutional investors.

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

RSP opened at $190.46 on Wednesday. Invesco S&P 500 Equal Weight ETF has a twelve month low of $150.35 and a twelve month high of $192.33. The firm has a market cap of $73.54 billion, a price-to-earnings ratio of 20.10 and a beta of 0.99. The company has a fifty day simple moving average of $188.86 and a 200 day simple moving average of $181.84.

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).