Invesco S&P 500 Equal Weight ETF $RSP Shares Bought by Kingsview Wealth Management LLC

Kingsview Wealth Management LLC raised its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 5.8% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 18,137 shares of the company’s stock after buying an additional 994 shares during the quarter. Kingsview Wealth Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $3,296,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of RSP. Citizens Financial Group Inc. RI boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 197.1% during the 2nd quarter. Citizens Financial Group Inc. RI now owns 61,649 shares of the company’s stock valued at $11,204,000 after acquiring an additional 40,899 shares during the last quarter. Avantax Advisory Services Inc. increased its position in Invesco S&P 500 Equal Weight ETF by 2.1% during the second quarter. Avantax Advisory Services Inc. now owns 244,644 shares of the company’s stock worth $44,462,000 after purchasing an additional 4,987 shares during the last quarter. Cedar Wealth Management LLC raised its stake in Invesco S&P 500 Equal Weight ETF by 13.8% during the second quarter. Cedar Wealth Management LLC now owns 4,624 shares of the company’s stock worth $840,000 after purchasing an additional 562 shares during the period. Campbell Deegan Wealth Management LLC purchased a new position in Invesco S&P 500 Equal Weight ETF during the second quarter worth about $266,000. Finally, Fusion Capital LLC boosted its holdings in Invesco S&P 500 Equal Weight ETF by 2.2% in the 2nd quarter. Fusion Capital LLC now owns 2,564 shares of the company’s stock valued at $466,000 after purchasing an additional 56 shares during the last quarter. 61.18% of the stock is owned by institutional investors and hedge funds.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of NYSEARCA RSP opened at $184.88 on Tuesday. The company has a 50 day simple moving average of $188.77 and a 200-day simple moving average of $184.20. The company has a market capitalization of $71.51 billion, a P/E ratio of 20.10 and a beta of 0.99. Invesco S&P 500 Equal Weight ETF has a 1 year low of $150.35 and a 1 year high of $192.33.

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).