John G Ullman & Associates Inc. Takes Position in Invesco S&P 500 Equal Weight ETF $RSP

John G Ullman & Associates Inc. purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 1,109 shares of the company’s stock, valued at approximately $202,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Northwestern Mutual Wealth Management Co. lifted its holdings in Invesco S&P 500 Equal Weight ETF by 1.7% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 23,554,043 shares of the company’s stock valued at $4,080,267,000 after acquiring an additional 396,957 shares during the period. Invesco Ltd. lifted its holdings in Invesco S&P 500 Equal Weight ETF by 12.0% in the first quarter. Invesco Ltd. now owns 11,189,061 shares of the company’s stock valued at $1,938,281,000 after acquiring an additional 1,195,627 shares during the period. Goldman Sachs Group Inc. lifted its holdings in Invesco S&P 500 Equal Weight ETF by 219.6% in the first quarter. Goldman Sachs Group Inc. now owns 9,102,168 shares of the company’s stock valued at $1,576,769,000 after acquiring an additional 6,254,609 shares during the period. LPL Financial LLC lifted its holdings in Invesco S&P 500 Equal Weight ETF by 20.5% in the first quarter. LPL Financial LLC now owns 5,260,788 shares of the company’s stock valued at $911,326,000 after acquiring an additional 894,245 shares during the period. Finally, JPMorgan Chase & Co. lifted its holdings in Invesco S&P 500 Equal Weight ETF by 26.8% in the first quarter. JPMorgan Chase & Co. now owns 5,057,195 shares of the company’s stock valued at $876,058,000 after acquiring an additional 1,069,297 shares during the period. 61.18% of the stock is owned by institutional investors.

Invesco S&P 500 Equal Weight ETF Stock Performance

RSP stock opened at $188.01 on Friday. 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 business’s 50-day moving average is $188.16 and its two-hundred day moving average is $180.16. The company has a market cap of $72.67 billion, a price-to-earnings ratio of 20.10 and a beta of 1.05.

Invesco S&P 500 Equal Weight ETF Company 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).