Prospera Financial Services Inc Raises Stock Position in Invesco S&P 500 Equal Weight ETF $RSP

Prospera Financial Services Inc lifted its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 10.0% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 39,350 shares of the company’s stock after buying an additional 3,566 shares during the period. Prospera Financial Services Inc’s holdings in Invesco S&P 500 Equal Weight ETF were worth $7,154,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Goldman Sachs Group Inc. grew its holdings in shares of Invesco S&P 500 Equal Weight ETF by 219.6% during 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 during the last quarter. Japan Science & Technology Agency purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 1st quarter valued at about $656,908,000. Phoenix Financial Ltd. acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 1st quarter valued at about $269,253,000. Invesco Ltd. grew its stake in Invesco S&P 500 Equal Weight ETF by 12.0% during the 1st quarter. Invesco Ltd. now owns 11,189,061 shares of the company’s stock worth $1,938,281,000 after buying an additional 1,195,627 shares during the last quarter. Finally, JPMorgan Chase & Co. increased its position in Invesco S&P 500 Equal Weight ETF by 26.8% during the first quarter. JPMorgan Chase & Co. now owns 5,057,195 shares of the company’s stock worth $876,058,000 after buying an additional 1,069,297 shares during the period. 61.18% of the stock is currently owned by institutional investors and hedge funds.

Invesco S&P 500 Equal Weight ETF Trading Up 0.8%

Shares of NYSEARCA RSP opened at $187.56 on Friday. The stock has a market cap of $72.55 billion, a P/E ratio of 20.10 and a beta of 0.99. Invesco S&P 500 Equal Weight ETF has a twelve month low of $150.35 and a twelve month high of $192.33. The stock has a 50 day moving average of $188.74 and a two-hundred day moving average of $183.23.

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).