Invesco S&P 500 Equal Weight ETF $RSP is Prasad Wealth Partners LLC’s 4th Largest Position

Prasad Wealth Partners LLC boosted its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 3.3% in the first quarter, according to the company in its most recent filing with the SEC. The firm owned 91,774 shares of the company’s stock after acquiring an additional 2,894 shares during the quarter. Invesco S&P 500 Equal Weight ETF comprises about 4.8% of Prasad Wealth Partners LLC’s portfolio, making the stock its 4th largest position. Prasad Wealth Partners LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $17,613,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in the company. Blue Capital Inc. acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF during the first quarter worth about $2,751,000. Axis Wealth Partners LLC increased its holdings in Invesco S&P 500 Equal Weight ETF by 5.0% in the 1st quarter. Axis Wealth Partners LLC now owns 9,435 shares of the company’s stock worth $1,811,000 after buying an additional 451 shares during the period. Boston Trust Walden Corp increased its holdings in Invesco S&P 500 Equal Weight ETF by 81.0% in the 1st quarter. Boston Trust Walden Corp now owns 8,604 shares of the company’s stock worth $1,651,000 after buying an additional 3,850 shares during the period. Royal Harbor Partners LLC purchased a new position in Invesco S&P 500 Equal Weight ETF during the 1st quarter worth approximately $5,256,000. Finally, Seamount Financial Group Inc. purchased a new position in Invesco S&P 500 Equal Weight ETF during the 1st quarter worth approximately $843,000. Hedge funds and other institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Trading Up 0.7%

Shares of NYSEARCA RSP opened at $214.91 on Friday. Invesco S&P 500 Equal Weight ETF has a 12 month low of $179.94 and a 12 month high of $215.61. The company has a 50 day simple moving average of $207.09 and a two-hundred day simple moving average of $200.79. The stock has a market cap of $93.84 billion, a price-to-earnings ratio of 20.10 and a beta of 0.91.

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). The Index utilizes quarterly rebalancing to maintain its equal-weight stance. Under normal circumstances, the Fund will invest at least 90% of its net assets, plus any borrowing for investment purposes, in the equity securities (and derivatives thereof) included in the Index.