Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) Shares Purchased by Sagace Wealth Management LLC

Sagace Wealth Management LLC boosted its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 53.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 36,787 shares of the company’s stock after buying an additional 12,843 shares during the quarter. Invesco S&P 500 Equal Weight ETF accounts for approximately 4.8% of Sagace Wealth Management LLC’s portfolio, making the stock its 4th largest holding. Sagace Wealth Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $6,446,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of RSP. Ironwood Wealth Management LLC. grew its position in shares of Invesco S&P 500 Equal Weight ETF by 10.5% in the second quarter. Ironwood Wealth Management LLC. now owns 24,282 shares of the company’s stock valued at $3,989,000 after purchasing an additional 2,317 shares during the last quarter. One Capital Management LLC raised its position in shares of Invesco S&P 500 Equal Weight ETF by 105.8% in the second quarter. One Capital Management LLC now owns 4,134 shares of the company’s stock valued at $679,000 after buying an additional 2,125 shares during the last quarter. Renaissance Technologies LLC purchased a new position in shares of Invesco S&P 500 Equal Weight ETF during the second quarter valued at approximately $1,298,000. Edgestream Partners L.P. boosted its position in Invesco S&P 500 Equal Weight ETF by 439.2% during the second quarter. Edgestream Partners L.P. now owns 15,571 shares of the company’s stock worth $2,558,000 after acquiring an additional 12,683 shares during the last quarter. Finally, Bradley Foster & Sargent Inc. CT grew its stake in Invesco S&P 500 Equal Weight ETF by 2.1% in the 2nd quarter. Bradley Foster & Sargent Inc. CT now owns 60,294 shares of the company’s stock worth $9,905,000 after acquiring an additional 1,244 shares during the period.

Invesco S&P 500 Equal Weight ETF Stock Up 1.0 %

Shares of Invesco S&P 500 Equal Weight ETF stock opened at $177.77 on Thursday. The firm has a market cap of $59.54 billion, a PE ratio of 20.44 and a beta of 0.90. The business’s fifty day moving average is $180.80 and its two-hundred day moving average is $175.79. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $153.10 and a fifty-two week high of $188.16.

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).