Tradewinds LLC. Boosts Stock Position in Invesco S&P 500 Equal Weight ETF $RSP

Tradewinds LLC. boosted its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 1,192.1% during the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 17,779 shares of the company’s stock after buying an additional 16,403 shares during the period. Invesco S&P 500 Equal Weight ETF accounts for 2.5% of Tradewinds LLC.’s investment portfolio, making the stock its 11th largest position. Tradewinds LLC.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $3,231,000 as of its most recent filing with the SEC.

Several other large investors also recently added to or reduced their stakes in RSP. Realta Investment Advisors boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 15.5% during the 2nd quarter. Realta Investment Advisors now owns 410 shares of the company’s stock valued at $75,000 after acquiring an additional 55 shares during the last quarter. Battery Global Advisors LLC boosted its holdings in Invesco S&P 500 Equal Weight ETF by 0.5% in the 1st quarter. Battery Global Advisors LLC now owns 12,604 shares of the company’s stock valued at $2,183,000 after purchasing an additional 60 shares during the last quarter. Rosenberg Matthew Hamilton grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 1.6% in the 1st quarter. Rosenberg Matthew Hamilton now owns 3,951 shares of the company’s stock valued at $684,000 after buying an additional 61 shares during the period. Signature Estate & Investment Advisors LLC increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 1.2% during the 2nd quarter. Signature Estate & Investment Advisors LLC now owns 5,502 shares of the company’s stock worth $1,000,000 after buying an additional 64 shares during the last quarter. Finally, Ehrlich Financial Group increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 1.4% during the 2nd quarter. Ehrlich Financial Group now owns 4,792 shares of the company’s stock worth $871,000 after buying an additional 65 shares during the last quarter. 61.18% of the stock is currently owned by hedge funds and other institutional investors.

Invesco S&P 500 Equal Weight ETF Stock Performance

RSP opened at $187.52 on Friday. Invesco S&P 500 Equal Weight ETF has a one year low of $150.35 and a one year high of $192.33. The stock has a market capitalization of $72.45 billion, a PE ratio of 20.10 and a beta of 0.99. The business’s 50 day moving average price is $188.93 and its 200 day moving average price is $182.06.

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).