HORAN Wealth LLC Acquires Shares of 1,831 Invesco S&P 500 Equal Weight ETF $RSP

HORAN Wealth LLC acquired a new stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) in the second quarter, HoldingsChannel reports. The institutional investor acquired 1,831 shares of the company’s stock, valued at approximately $333,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Total Clarity Wealth Management Inc. grew its position in Invesco S&P 500 Equal Weight ETF by 25.4% in the second quarter. Total Clarity Wealth Management Inc. now owns 4,304 shares of the company’s stock worth $782,000 after buying an additional 872 shares during the last quarter. Almanack Investment Partners LLC. acquired a new position in Invesco S&P 500 Equal Weight ETF in the second quarter worth approximately $1,545,000. Strategic Family Wealth Counselors L.L.C. grew its position in Invesco S&P 500 Equal Weight ETF by 2.5% in the first quarter. Strategic Family Wealth Counselors L.L.C. now owns 53,961 shares of the company’s stock worth $9,348,000 after buying an additional 1,320 shares during the last quarter. Biltmore Family Office LLC boosted its stake in Invesco S&P 500 Equal Weight ETF by 20.7% in the 1st quarter. Biltmore Family Office LLC now owns 66,933 shares of the company’s stock worth $11,595,000 after purchasing an additional 11,477 shares during the period. Finally, Courage Miller Partners LLC boosted its stake in Invesco S&P 500 Equal Weight ETF by 3.2% in the 2nd quarter. Courage Miller Partners LLC now owns 58,208 shares of the company’s stock worth $10,579,000 after purchasing an additional 1,816 shares during the period. 61.18% of the stock is owned by hedge funds and other institutional investors.

Invesco S&P 500 Equal Weight ETF Stock Performance

NYSEARCA RSP opened at $187.32 on Thursday. The firm’s 50 day moving average price is $188.82 and its two-hundred day moving average price is $182.88. Invesco S&P 500 Equal Weight ETF has a twelve month low of $150.35 and a twelve month high of $192.33. The stock has a market cap of $72.46 billion, a price-to-earnings ratio of 20.10 and a beta of 0.99.

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).