Marex Group plc Acquires New Holdings in Invesco S&P 500 Equal Weight ETF $RSP

Marex Group plc acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) in the 2nd quarter, HoldingsChannel.com reports. The firm acquired 3,988 shares of the company’s stock, valued at approximately $725,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in RSP. Total Clarity Wealth Management Inc. raised its position in Invesco S&P 500 Equal Weight ETF by 25.4% during the second quarter. Total Clarity Wealth Management Inc. now owns 4,304 shares of the company’s stock worth $782,000 after acquiring an additional 872 shares during the period. Quantbot Technologies LP purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF during the second quarter worth about $3,391,000. Cerity Partners LLC raised its position in shares of Invesco S&P 500 Equal Weight ETF by 24.0% during the 2nd quarter. Cerity Partners LLC now owns 1,701,457 shares of the company’s stock worth $309,223,000 after purchasing an additional 329,842 shares during the last quarter. Geneos Wealth Management Inc. lifted its stake in Invesco S&P 500 Equal Weight ETF by 46.5% in the 2nd quarter. Geneos Wealth Management Inc. now owns 116,894 shares of the company’s stock valued at $21,244,000 after buying an additional 37,119 shares in the last quarter. Finally, Baird Financial Group Inc. lifted its stake in Invesco S&P 500 Equal Weight ETF by 6.4% in the 2nd quarter. Baird Financial Group Inc. now owns 260,888 shares of the company’s stock valued at $47,414,000 after buying an additional 15,643 shares in the last quarter. 61.18% of the stock is currently owned by hedge funds and other institutional investors.

Invesco S&P 500 Equal Weight ETF Trading Down 0.7%

NYSEARCA:RSP opened at $193.41 on Monday. The stock has a 50 day moving average of $189.04 and a two-hundred day moving average of $186.11. Invesco S&P 500 Equal Weight ETF has a 12 month low of $150.35 and a 12 month high of $195.47. The firm has a market cap of $74.81 billion, a P/E ratio of 20.10 and a beta of 0.99.

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).