Joseph P. Lucia & Associates LLC Has $4.15 Million Stock Holdings in Invesco S&P 500 Equal Weight ETF $RSP

Joseph P. Lucia & Associates LLC boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 7.1% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 22,806 shares of the company’s stock after buying an additional 1,513 shares during the period. Invesco S&P 500 Equal Weight ETF makes up about 1.7% of Joseph P. Lucia & Associates LLC’s portfolio, making the stock its 17th largest position. Joseph P. Lucia & Associates LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $4,145,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of RSP. Nova Wealth Management Inc. purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF in the second quarter valued at about $25,000. Uniplan Investment Counsel Inc. purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF in the first quarter valued at about $26,000. Richardson Capital Management LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF in the first quarter valued at about $30,000. OLD Second National Bank of Aurora purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF in the first quarter valued at about $31,000. Finally, Howe & Rusling Inc. raised its holdings in shares of 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 valued at $33,000 after purchasing an additional 124 shares during the last quarter. Institutional investors and hedge funds own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of RSP stock opened at $188.01 on Friday. The firm has a 50-day moving average of $188.16 and a 200-day moving average of $180.16. The company has a market cap of $72.67 billion, a P/E ratio of 20.10 and a beta of 1.05. Invesco S&P 500 Equal Weight ETF has a one year low of $150.35 and a one year high of $192.30.

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).