Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) Position Boosted by Partnership Wealth Management LLC

Partnership Wealth Management LLC increased its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 37.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 36,354 shares of the company’s stock after acquiring an additional 9,975 shares during the quarter. Invesco S&P 500 Equal Weight ETF comprises about 5.3% of Partnership Wealth Management LLC’s portfolio, making the stock its 6th largest holding. Partnership Wealth Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $6,370,000 as of its most recent filing with the SEC.

Several other institutional investors also recently bought and sold shares of the stock. Northwestern Mutual Wealth Management Co. grew its position in shares of Invesco S&P 500 Equal Weight ETF by 855.5% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 20,539,639 shares of the company’s stock valued at $3,379,816,000 after purchasing an additional 18,390,083 shares in the last quarter. LPL Financial LLC increased its stake in Invesco S&P 500 Equal Weight ETF by 9.5% in the 3rd quarter. LPL Financial LLC now owns 4,090,639 shares of the company’s stock worth $732,879,000 after acquiring an additional 354,184 shares during the last quarter. Envestnet Asset Management Inc. increased its stake in Invesco S&P 500 Equal Weight ETF by 0.4% in the 2nd quarter. Envestnet Asset Management Inc. now owns 3,011,313 shares of the company’s stock worth $494,698,000 after acquiring an additional 11,263 shares during the last quarter. Healthcare of Ontario Pension Plan Trust Fund raised its holdings in shares of Invesco S&P 500 Equal Weight ETF by 4.2% during the 3rd quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 2,438,000 shares of the company’s stock worth $436,792,000 after acquiring an additional 98,000 shares in the last quarter. Finally, Citigroup Inc. boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 10.6% during the 3rd quarter. Citigroup Inc. now owns 2,082,326 shares of the company’s stock valued at $373,069,000 after acquiring an additional 198,793 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Trading Up 0.1 %

Shares of NYSEARCA:RSP traded up $0.21 during trading on Wednesday, reaching $175.82. The company’s stock had a trading volume of 6,900,874 shares, compared to its average volume of 7,613,549. The stock has a market capitalization of $58.89 billion, a PE ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a 12 month low of $153.10 and a 12 month high of $188.16. The firm’s 50 day simple moving average is $181.01 and its two-hundred day simple moving average is $175.42.

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).