Oarsman Capital Inc. Has $33.64 Million Position in Invesco S&P 500 Equal Weight ETF $RSP

Oarsman Capital Inc. grew its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 27.6% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 185,078 shares of the company’s stock after purchasing an additional 40,030 shares during the period. Invesco S&P 500 Equal Weight ETF makes up 5.3% of Oarsman Capital Inc.’s portfolio, making the stock its 6th biggest holding. Oarsman Capital Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $33,636,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the business. Northwestern Mutual Wealth Management Co. boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 1.7% during the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 23,554,043 shares of the company’s stock valued at $4,080,267,000 after purchasing an additional 396,957 shares in the last quarter. Invesco Ltd. lifted its stake in Invesco S&P 500 Equal Weight ETF by 12.0% during the first quarter. Invesco Ltd. now owns 11,189,061 shares of the company’s stock valued at $1,938,281,000 after buying an additional 1,195,627 shares in the last quarter. Goldman Sachs Group Inc. lifted its position in shares of 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 worth $1,576,769,000 after purchasing an additional 6,254,609 shares in the last quarter. LPL Financial LLC lifted its position in shares of 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 worth $911,326,000 after purchasing an additional 894,245 shares in the last quarter. Finally, JPMorgan Chase & Co. lifted its position in shares of 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 worth $876,058,000 after purchasing an additional 1,069,297 shares in the last quarter. Institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Price Performance

NYSEARCA RSP opened at $190.46 on Wednesday. The company has a 50 day simple moving average of $188.86 and a 200-day simple moving average of $181.84. The firm has a market capitalization of $73.54 billion, a price-to-earnings ratio of 20.10 and a beta of 0.99. Invesco S&P 500 Equal Weight ETF has a 52-week low of $150.35 and a 52-week high of $192.33.

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).