Kestra Private Wealth Services LLC Grows Stock Holdings in Invesco S&P 500 Equal Weight ETF $RSP

Kestra Private Wealth Services LLC grew its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 13.1% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 57,183 shares of the company’s stock after purchasing an additional 6,630 shares during the period. Kestra Private Wealth Services LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $10,974,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in RSP. Cary Street Partners Investment Advisory LLC increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 5.5% in the fourth quarter. Cary Street Partners Investment Advisory LLC now owns 982 shares of the company’s stock valued at $188,000 after purchasing an additional 51 shares during the period. Ballast Rock Private Wealth LLC lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 0.8% during the first quarter. Ballast Rock Private Wealth LLC now owns 6,800 shares of the company’s stock worth $1,305,000 after purchasing an additional 51 shares during the period. Pacific Point Advisors LLC boosted its position in Invesco S&P 500 Equal Weight ETF by 4.2% in the fourth quarter. Pacific Point Advisors LLC now owns 1,305 shares of the company’s stock valued at $250,000 after buying an additional 52 shares during the last quarter. Strategies Wealth Advisors LLC increased its holdings in Invesco S&P 500 Equal Weight ETF by 3.5% in the 3rd quarter. Strategies Wealth Advisors LLC now owns 1,618 shares of the company’s stock worth $307,000 after buying an additional 55 shares during the period. Finally, Battery Global Advisors LLC increased its holdings in Invesco S&P 500 Equal Weight ETF by 0.4% in the 3rd quarter. Battery Global Advisors LLC now owns 12,710 shares of the company’s stock worth $2,411,000 after buying an additional 55 shares during the period. Institutional investors and hedge funds own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Stock Performance

RSP opened at $211.75 on Friday. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $179.35 and a fifty-two week high of $214.30. The company has a fifty day moving average of $205.99 and a two-hundred day moving average of $200.08. The stock has a market capitalization of $91.35 billion, a price-to-earnings ratio of 20.10 and a beta of 0.91.

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). The Index utilizes quarterly rebalancing to maintain its equal-weight stance. Under normal circumstances, the Fund will invest at least 90% of its net assets, plus any borrowing for investment purposes, in the equity securities (and derivatives thereof) included in the Index.