Invesco S&P 500 Equal Weight ETF $RSP is Inlight Wealth Management LLC’s 6th Largest Position

Inlight Wealth Management LLC boosted its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 9.3% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 69,709 shares of the company’s stock after buying an additional 5,948 shares during the period. Invesco S&P 500 Equal Weight ETF makes up approximately 3.3% of Inlight Wealth Management LLC’s portfolio, making the stock its 6th biggest position. Inlight Wealth Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $12,669,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently bought and sold shares of RSP. Luken Investment Analytics LLC increased its position in shares of Invesco S&P 500 Equal Weight ETF by 3.9% during the second quarter. Luken Investment Analytics LLC now owns 64,050 shares of the company’s stock valued at $11,640,000 after acquiring an additional 2,376 shares during the last quarter. Joule Financial LLC lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 1.4% in the 2nd quarter. Joule Financial LLC now owns 220,300 shares of the company’s stock worth $40,037,000 after acquiring an additional 3,093 shares during the last quarter. DAVENPORT & Co LLC boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 2.4% during the 2nd quarter. DAVENPORT & Co LLC now owns 78,972 shares of the company’s stock worth $14,352,000 after purchasing an additional 1,876 shares during the period. Grimes & Company Inc. increased its holdings in Invesco S&P 500 Equal Weight ETF by 10.7% in the 2nd quarter. Grimes & Company Inc. now owns 128,502 shares of the company’s stock valued at $23,354,000 after purchasing an additional 12,375 shares during the last quarter. Finally, Merit Financial Group LLC increased its holdings in Invesco S&P 500 Equal Weight ETF by 26.9% in the 2nd quarter. Merit Financial Group LLC now owns 18,087 shares of the company’s stock valued at $3,287,000 after purchasing an additional 3,829 shares during the last quarter. Hedge funds and other institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Stock Up 0.4%

NYSEARCA: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 fifty day moving average is $187.22 and its two-hundred day 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.

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).