CMG Global Holdings LLC Purchases 588 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

CMG Global Holdings LLC boosted its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 6.0% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 10,463 shares of the company’s stock after buying an additional 588 shares during the quarter. Invesco S&P 500 Equal Weight ETF accounts for 1.1% of CMG Global Holdings LLC’s investment portfolio, making the stock its 26th biggest holding. CMG Global Holdings LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $1,874,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in RSP. Northwestern Mutual Wealth Management Co. lifted its stake in Invesco S&P 500 Equal Weight ETF by 855.5% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 20,539,639 shares of the company’s stock valued at $3,379,816,000 after purchasing an additional 18,390,083 shares during the last quarter. Strategic Financial Concepts LLC raised its stake in Invesco S&P 500 Equal Weight ETF by 11,793.3% in the second quarter. Strategic Financial Concepts LLC now owns 6,406,233 shares of the company’s stock valued at $10,524,000 after buying an additional 6,352,369 shares during the period. LPL Financial LLC lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 9.5% in the third quarter. LPL Financial LLC now owns 4,090,639 shares of the company’s stock valued at $732,879,000 after buying an additional 354,184 shares during the last quarter. Envestnet Asset Management Inc. boosted its stake in shares of 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 worth $494,698,000 after acquiring an additional 11,263 shares during the period. Finally, Healthcare of Ontario Pension Plan Trust Fund increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 174.6% during the 2nd quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 2,340,000 shares of the company’s stock worth $384,415,000 after acquiring an additional 1,488,000 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of Invesco S&P 500 Equal Weight ETF stock opened at $185.53 on Friday. The business has a fifty day simple moving average of $179.66 and a two-hundred day simple moving average of $171.90. Invesco S&P 500 Equal Weight ETF has a 1 year low of $146.09 and a 1 year high of $185.79. The company has a market capitalization of $62.14 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90.

About Invesco S&P 500 Equal Weight ETF

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).