Schuylkill Financial LLC Takes $3.37 Million Position in Invesco S&P 500 Equal Weight ETF $RSP

Schuylkill Financial LLC bought a new position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 15,829 shares of the company’s stock, valued at approximately $3,368,000. Invesco S&P 500 Equal Weight ETF comprises approximately 3.1% of Schuylkill Financial LLC’s investment portfolio, making the stock its 9th biggest position.

Several other large investors have also recently bought and sold shares of the stock. Highland Investment Advisors LLC acquired a new stake in Invesco S&P 500 Equal Weight ETF in the 2nd quarter valued at about $26,000. Nalls Sherbakoff Group LLC acquired a new position in Invesco S&P 500 Equal Weight ETF during the fourth quarter worth approximately $29,000. Brandywine Financial Group raised its stake in Invesco S&P 500 Equal Weight ETF by 636.8% in the second quarter. Brandywine Financial Group now owns 140 shares of the company’s stock valued at $30,000 after buying an additional 121 shares during the period. Hurley Capital LLC raised its stake in Invesco S&P 500 Equal Weight ETF by 200.0% in the fourth quarter. Hurley Capital LLC now owns 177 shares of the company’s stock valued at $34,000 after buying an additional 118 shares during the period. Finally, Rogco LP bought a new stake in Invesco S&P 500 Equal Weight ETF in the second quarter valued at approximately $34,000. 61.18% of the stock is owned by institutional investors and hedge funds.

Invesco S&P 500 Equal Weight ETF Stock Down 0.5%

RSP opened at $219.00 on Friday. Invesco S&P 500 Equal Weight ETF has a 12-month low of $182.11 and a 12-month high of $223.43. The business has a 50 day moving average of $217.21 and a 200-day moving average of $207.38. The stock has a market cap of $98.97 billion, a price-to-earnings ratio of 20.10 and a beta of 0.91.

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.