Blue Bell Private Wealth Management LLC Has $8.28 Million Stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Blue Bell Private Wealth Management LLC raised its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 19.0% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 50,389 shares of the company’s stock after buying an additional 8,053 shares during the period. Invesco S&P 500 Equal Weight ETF comprises about 1.7% of Blue Bell Private Wealth Management LLC’s holdings, making the stock its 8th largest position. Blue Bell Private Wealth Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $8,278,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Fairman Group LLC bought a new position in Invesco S&P 500 Equal Weight ETF during the 1st quarter valued at $27,000. Partnership Wealth Management LLC purchased a new position in shares of Invesco S&P 500 Equal Weight ETF in the 4th quarter worth approximately $25,000. DHJJ Financial Advisors Ltd. grew its holdings in shares of Invesco S&P 500 Equal Weight ETF by 107.5% in the second quarter. DHJJ Financial Advisors Ltd. now owns 193 shares of the company’s stock valued at $32,000 after acquiring an additional 100 shares in the last quarter. Creekmur Asset Management LLC grew its holdings in shares of Invesco S&P 500 Equal Weight ETF by 86.5% in the first quarter. Creekmur Asset Management LLC now owns 194 shares of the company’s stock valued at $33,000 after acquiring an additional 90 shares in the last quarter. Finally, Central Bank & Trust Co. purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF during the second quarter valued at approximately $36,000.

Invesco S&P 500 Equal Weight ETF Trading Down 0.6 %

RSP stock opened at $172.30 on Friday. The stock has a market cap of $57.71 billion, a P/E ratio of 20.44 and a beta of 0.90. The stock’s fifty day simple moving average is $168.97 and its two-hundred day simple moving average is $166.07. Invesco S&P 500 Equal Weight ETF has a 1-year low of $133.34 and a 1-year high of $175.96.

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).