Richard W. Paul & Associates LLC Buys 1,258 Shares of Invesco S&P 500 Equal Weight ETF $RSP

Richard W. Paul & Associates LLC increased its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 2.9% in the 2nd quarter, Holdings Channel reports. The firm owned 45,386 shares of the company’s stock after purchasing an additional 1,258 shares during the period. Invesco S&P 500 Equal Weight ETF accounts for 3.0% of Richard W. Paul & Associates LLC’s investment portfolio, making the stock its 8th largest holding. Richard W. Paul & Associates LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $8,249,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of RSP. Goldman Sachs Group Inc. raised 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 valued at $1,576,769,000 after acquiring 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 during the first quarter worth approximately $656,908,000. Phoenix Financial Ltd. acquired a new position in Invesco S&P 500 Equal Weight ETF in the 1st quarter valued at $269,253,000. Invesco Ltd. raised its stake in 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 purchasing an additional 1,195,627 shares during the last quarter. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its holdings in Invesco S&P 500 Equal Weight ETF by 119.1% in the 2nd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 2,027,552 shares of the company’s stock valued at $368,487,000 after purchasing an additional 1,102,322 shares in the last quarter. 61.18% of the stock is owned by hedge funds and other institutional investors.

Invesco S&P 500 Equal Weight ETF Stock Up 2.0%

Invesco S&P 500 Equal Weight ETF stock opened at $185.76 on Friday. The company has a fifty day simple moving average of $188.43 and a 200-day simple moving average of $184.38. The firm has a market capitalization of $71.85 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 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).