Koshinski Asset Management Inc. Boosts Holdings in Invesco S&P 500 Equal Weight ETF $RSP

Koshinski Asset Management Inc. increased its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 3.2% during the second quarter, HoldingsChannel.com reports. The institutional investor owned 43,078 shares of the company’s stock after acquiring an additional 1,339 shares during the quarter. Koshinski Asset Management Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $7,829,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Total Clarity Wealth Management Inc. boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 25.4% in the second quarter. Total Clarity Wealth Management Inc. now owns 4,304 shares of the company’s stock worth $782,000 after buying an additional 872 shares during the last quarter. Strategic Family Wealth Counselors L.L.C. boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 2.5% in the first quarter. Strategic Family Wealth Counselors L.L.C. now owns 53,961 shares of the company’s stock worth $9,348,000 after buying an additional 1,320 shares during the last quarter. Almanack Investment Partners LLC. purchased a new position in shares of Invesco S&P 500 Equal Weight ETF in the second quarter worth approximately $1,545,000. GAMMA Investing LLC boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 21.9% in the first quarter. GAMMA Investing LLC now owns 2,737 shares of the company’s stock worth $474,000 after buying an additional 492 shares during the last quarter. Finally, Biltmore Family Office LLC raised its stake in Invesco S&P 500 Equal Weight ETF by 20.7% during the 1st quarter. Biltmore Family Office LLC now owns 66,933 shares of the company’s stock worth $11,595,000 after acquiring an additional 11,477 shares during the period. Hedge funds and other institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Trading Up 0.5%

NYSEARCA RSP opened at $188.01 on Friday. Invesco S&P 500 Equal Weight ETF has a 12 month low of $150.35 and a 12 month high of $192.30. The stock has a market cap of $72.86 billion, a price-to-earnings ratio of 20.10 and a beta of 1.05. The company’s 50 day moving average is $188.16 and its two-hundred day moving average is $180.13.

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).