Heck Capital Advisors LLC Has $57.58 Million Position in Invesco S&P 500 Equal Weight ETF $RSP

Heck Capital Advisors LLC increased its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 50.5% in the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 316,836 shares of the company’s stock after acquiring an additional 106,306 shares during the quarter. Invesco S&P 500 Equal Weight ETF comprises 5.0% of Heck Capital Advisors LLC’s investment portfolio, making the stock its 3rd largest holding. Heck Capital Advisors LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $57,582,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in RSP. Prime Capital Investment Advisors LLC increased its stake in shares of Invesco S&P 500 Equal Weight ETF by 5.0% in the second quarter. Prime Capital Investment Advisors LLC now owns 24,665 shares of the company’s stock worth $4,483,000 after purchasing an additional 1,171 shares in the last quarter. Litman Gregory Wealth Management LLC grew its stake in Invesco S&P 500 Equal Weight ETF by 3.6% in the 2nd quarter. Litman Gregory Wealth Management LLC now owns 12,086 shares of the company’s stock valued at $2,197,000 after buying an additional 422 shares in the last quarter. D.B. Root & Company LLC raised its holdings in Invesco S&P 500 Equal Weight ETF by 26.5% during the 2nd quarter. D.B. Root & Company LLC now owns 5,834 shares of the company’s stock valued at $1,060,000 after acquiring an additional 1,222 shares during the period. Relyea Zuckerberg Hanson LLC lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 135.0% during the second quarter. Relyea Zuckerberg Hanson LLC now owns 8,063 shares of the company’s stock worth $1,465,000 after acquiring an additional 4,632 shares in the last quarter. Finally, Inlight Wealth Management LLC grew its position in shares of Invesco S&P 500 Equal Weight ETF by 9.3% in the second quarter. Inlight Wealth Management LLC now owns 69,709 shares of the company’s stock valued at $12,669,000 after purchasing an additional 5,948 shares in the last quarter. 61.18% of the stock is owned by hedge funds and other institutional investors.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of RSP opened at $191.25 on Monday. Invesco S&P 500 Equal Weight ETF has a 52-week low of $150.35 and a 52-week high of $192.30. The stock’s 50-day simple moving average is $187.22 and its 200 day simple moving average is $179.19. The stock has a market capitalization of $75.17 billion, a price-to-earnings ratio of 20.10 and a beta of 1.05.

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).