Invesco S&P 500 Equal Weight ETF $RSP Shares Acquired by Jones Financial Companies Lllp

Jones Financial Companies Lllp lifted its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 24.0% during the 3rd quarter, HoldingsChannel reports. The fund owned 291,699 shares of the company’s stock after purchasing an additional 56,398 shares during the period. Jones Financial Companies Lllp’s holdings in Invesco S&P 500 Equal Weight ETF were worth $55,006,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in RSP. GRIMES & Co WEALTH MANAGEMENT LLC grew its stake in Invesco S&P 500 Equal Weight ETF by 107.0% during the 3rd quarter. GRIMES & Co WEALTH MANAGEMENT LLC now owns 265,995 shares of the company’s stock valued at $50,459,000 after acquiring an additional 137,493 shares in the last quarter. CMG Global Holdings LLC increased its position in shares of Invesco S&P 500 Equal Weight ETF by 13.6% during the 3rd quarter. CMG Global Holdings LLC now owns 35,694 shares of the company’s stock worth $6,741,000 after purchasing an additional 4,262 shares during the last quarter. Sowell Financial Services LLC lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 23.2% in the 3rd quarter. Sowell Financial Services LLC now owns 20,356 shares of the company’s stock worth $3,862,000 after acquiring an additional 3,829 shares during the last quarter. Argent Advisors Inc. boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 5.8% during the third quarter. Argent Advisors Inc. now owns 57,461 shares of the company’s stock worth $10,900,000 after buying an additional 3,135 shares during the period. Finally, Geneos Wealth Management Inc. boosted its holdings in Invesco S&P 500 Equal Weight ETF by 46.5% during the 2nd quarter. Geneos Wealth Management Inc. now owns 116,894 shares of the company’s stock valued at $21,244,000 after acquiring an additional 37,119 shares during the period. Institutional investors and hedge funds own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of NYSEARCA:RSP opened at $199.10 on Tuesday. The firm’s 50-day moving average is $194.63 and its two-hundred day moving average is $190.00. Invesco S&P 500 Equal Weight ETF has a 1 year low of $150.35 and a 1 year high of $200.78. The firm has a market capitalization of $83.22 billion, a PE 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). The Index utilizes quarterly rebalancing to maintain its equal-weight stance. Under normal circumstances, the Fund will invest at least 90% of its net assets, plus any borrowing for investment purposes, in the equity securities (and derivatives thereof) included in the Index.