Stephenson & Company Inc. Acquires 4,425 Shares of Invesco S&P 500 Equal Weight ETF $RSP

Stephenson & Company Inc. lifted its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 3.6% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 127,816 shares of the company’s stock after purchasing an additional 4,425 shares during the quarter. Invesco S&P 500 Equal Weight ETF accounts for approximately 14.1% of Stephenson & Company Inc.’s investment portfolio, making the stock its 2nd biggest holding. Stephenson & Company Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $23,229,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in the business. Northwestern Mutual Wealth Management Co. lifted its position in 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 worth $4,080,267,000 after buying an additional 396,957 shares in the last quarter. Invesco Ltd. grew its holdings in shares of Invesco S&P 500 Equal Weight ETF by 12.0% in the 1st quarter. Invesco Ltd. now owns 11,189,061 shares of the company’s stock valued at $1,938,281,000 after acquiring an additional 1,195,627 shares in the last quarter. Goldman Sachs Group Inc. increased 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 valued at $1,576,769,000 after acquiring an additional 6,254,609 shares during the last quarter. LPL Financial LLC raised its holdings in Invesco S&P 500 Equal Weight ETF by 20.5% during the first quarter. LPL Financial LLC now owns 5,260,788 shares of the company’s stock worth $911,326,000 after acquiring an additional 894,245 shares in the last quarter. Finally, JPMorgan Chase & Co. raised its holdings 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 acquiring 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 Stock Performance

Shares of NYSEARCA RSP opened at $188.03 on Friday. The stock has a 50 day moving average price of $188.86 and a 200 day moving average price of $183.74. The stock has a market capitalization of $72.73 billion, a PE 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 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).