Sovereign Investment Advisors LLC Purchases New Holdings in Invesco S&P 500 Equal Weight ETF $RSP

Sovereign Investment Advisors LLC purchased a new stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 1,143 shares of the company’s stock, valued at approximately $208,000.

A number of other institutional investors have also recently bought and sold shares of RSP. Goldman Sachs Group Inc. grew its holdings in Invesco S&P 500 Equal Weight ETF by 219.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 9,102,168 shares of the company’s stock worth $1,576,769,000 after acquiring an additional 6,254,609 shares during the period. Japan Science & Technology Agency acquired a new stake in Invesco S&P 500 Equal Weight ETF during the 1st quarter worth $656,908,000. Phoenix Financial Ltd. acquired a new stake in Invesco S&P 500 Equal Weight ETF during the 1st quarter worth $269,253,000. Invesco Ltd. grew its holdings 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 acquiring an additional 1,195,627 shares during the period. Finally, JPMorgan Chase & Co. grew its holdings in Invesco S&P 500 Equal Weight ETF by 26.8% during the 1st quarter. JPMorgan Chase & Co. now owns 5,057,195 shares of the company’s stock worth $876,058,000 after acquiring an additional 1,069,297 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 $190.58 on Friday. The company has a fifty day moving average price of $187.15 and a two-hundred day moving average price of $179.02. Invesco S&P 500 Equal Weight ETF has a 52 week low of $150.35 and a 52 week high of $190.95. The firm has a market capitalization of $75.08 billion, a PE ratio of 20.10 and a beta of 1.05.

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).