Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) Shares Bought by Advisors Management Group Inc. ADV

Advisors Management Group Inc. ADV increased its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 40.0% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 2,439 shares of the company’s stock after acquiring an additional 697 shares during the period. Advisors Management Group Inc. ADV’s holdings in Invesco S&P 500 Equal Weight ETF were worth $437,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Northwestern Mutual Wealth Management Co. increased its stake in shares of Invesco S&P 500 Equal Weight ETF by 855.5% during 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 acquiring an additional 18,390,083 shares during the last quarter. Strategic Financial Concepts LLC grew its holdings 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 purchasing an additional 6,352,369 shares during the period. JPMorgan Chase & Co. increased its position in Invesco S&P 500 Equal Weight ETF by 48.9% during the first quarter. JPMorgan Chase & Co. now owns 7,094,524 shares of the company’s stock worth $1,201,600,000 after purchasing an additional 2,328,560 shares during the last quarter. US Bancorp DE raised its stake in Invesco S&P 500 Equal Weight ETF by 2,150.4% during the second quarter. US Bancorp DE now owns 2,083,103 shares of the company’s stock worth $342,213,000 after purchasing an additional 1,990,537 shares during the period. Finally, Healthcare of Ontario Pension Plan Trust Fund boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 174.6% in the 2nd quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 2,340,000 shares of the company’s stock valued at $384,415,000 after purchasing an additional 1,488,000 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Up 2.4 %

Shares of NYSEARCA RSP opened at $182.92 on Thursday. The stock has a market capitalization of $61.27 billion, a PE ratio of 20.44 and a beta of 0.90. The firm has a fifty day moving average of $177.34 and a 200-day moving average of $170.22. Invesco S&P 500 Equal Weight ETF has a 52-week low of $139.03 and a 52-week high of $183.38.

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).