Round Rock Advisors LLC Purchases 700 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Round Rock Advisors LLC lifted its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 1.1% in the 3rd quarter, Holdings Channel reports. The fund owned 62,360 shares of the company’s stock after acquiring an additional 700 shares during the quarter. Invesco S&P 500 Equal Weight ETF accounts for 2.6% of Round Rock Advisors LLC’s holdings, making the stock its 12th biggest holding. Round Rock Advisors LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $11,172,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Northwestern Mutual Wealth Management Co. grew its stake in Invesco S&P 500 Equal Weight ETF by 855.5% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 20,539,639 shares of the company’s stock worth $3,379,816,000 after purchasing an additional 18,390,083 shares during the period. JPMorgan Chase & Co. boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 48.9% during the 1st quarter. JPMorgan Chase & Co. now owns 7,094,524 shares of the company’s stock valued at $1,201,600,000 after buying an additional 2,328,560 shares in the last quarter. Strategic Financial Concepts LLC grew its position in shares of Invesco S&P 500 Equal Weight ETF by 11,793.3% in the 2nd quarter. Strategic Financial Concepts LLC now owns 6,406,233 shares of the company’s stock worth $10,524,000 after buying an additional 6,352,369 shares during the period. LPL Financial LLC increased its stake in shares of Invesco S&P 500 Equal Weight ETF by 0.9% in the 2nd quarter. LPL Financial LLC now owns 3,736,455 shares of the company’s stock worth $613,825,000 after acquiring an additional 34,825 shares in the last quarter. Finally, Envestnet Asset Management Inc. lifted its position in Invesco S&P 500 Equal Weight ETF by 0.4% during the 2nd quarter. Envestnet Asset Management Inc. now owns 3,011,313 shares of the company’s stock valued at $494,698,000 after acquiring an additional 11,263 shares during the period.

Invesco S&P 500 Equal Weight ETF Price Performance

NYSEARCA:RSP opened at $184.10 on Friday. The firm has a market capitalization of $61.66 billion, a P/E ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a one year low of $139.03 and a one year high of $184.47. The company’s 50-day simple moving average is $177.68 and its 200 day simple moving average is $170.47.

Invesco S&P 500 Equal Weight ETF 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).