Joule Financial LLC Increases Position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Joule Financial LLC grew its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 0.7% during the third quarter, according to its most recent filing with the SEC. The firm owned 206,785 shares of the company’s stock after acquiring an additional 1,341 shares during the period. Invesco S&P 500 Equal Weight ETF comprises about 13.4% of Joule Financial LLC’s holdings, making the stock its 2nd largest holding. Joule Financial LLC owned about 0.06% of Invesco S&P 500 Equal Weight ETF worth $37,048,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Northwestern Mutual Wealth Management Co. boosted its stake in Invesco S&P 500 Equal Weight ETF by 855.5% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 20,539,639 shares of the company’s stock worth $3,379,816,000 after acquiring an additional 18,390,083 shares in the last quarter. Strategic Financial Concepts LLC boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 11,793.3% in the 2nd quarter. Strategic Financial Concepts LLC now owns 6,406,233 shares of the company’s stock worth $10,524,000 after purchasing an additional 6,352,369 shares in the last quarter. JPMorgan Chase & Co. grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 48.9% in the 1st quarter. JPMorgan Chase & Co. now owns 7,094,524 shares of the company’s stock worth $1,201,600,000 after buying an additional 2,328,560 shares during the last quarter. US Bancorp DE increased its position in Invesco S&P 500 Equal Weight ETF by 2,150.4% during the 2nd quarter. US Bancorp DE now owns 2,083,103 shares of the company’s stock valued at $342,213,000 after buying an additional 1,990,537 shares in the last quarter. Finally, Global Assets Advisory LLC purchased a new position in Invesco S&P 500 Equal Weight ETF during the first quarter valued at $284,337,000.

Invesco S&P 500 Equal Weight ETF Stock Down 0.1 %

Shares of NYSEARCA RSP traded down $0.13 during trading on Friday, reaching $181.20. The company had a trading volume of 1,070,196 shares, compared to its average volume of 6,107,460. Invesco S&P 500 Equal Weight ETF has a 12-month low of $133.34 and a 12-month high of $182.22. The business’s 50-day moving average is $175.14 and its 200 day moving average is $168.72. The stock has a market cap of $60.69 billion, a PE ratio of 20.44 and a beta of 0.90.

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).