Private Wealth Advisors LLC Has $389,000 Position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Private Wealth Advisors LLC grew its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 20.4% in the third quarter, HoldingsChannel reports. The institutional investor owned 2,181 shares of the company’s stock after acquiring an additional 369 shares during the period. Private Wealth Advisors LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $389,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Northwestern Mutual Wealth Management Co. increased its stake in Invesco S&P 500 Equal Weight ETF by 855.5% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 20,539,639 shares of the company’s stock valued at $3,379,816,000 after acquiring an additional 18,390,083 shares during the period. Strategic Financial Concepts LLC grew its stake 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 valued at $10,524,000 after purchasing an additional 6,352,369 shares during the period. JPMorgan Chase & Co. raised its holdings 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 in the last quarter. US Bancorp DE raised its holdings in shares of Invesco S&P 500 Equal Weight ETF by 2,150.4% in the 2nd quarter. US Bancorp DE now owns 2,083,103 shares of the company’s stock worth $342,213,000 after buying an additional 1,990,537 shares in the last quarter. Finally, Healthcare of Ontario Pension Plan Trust Fund boosted its stake in Invesco S&P 500 Equal Weight ETF by 174.6% in the 2nd quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 2,340,000 shares of the company’s stock valued at $384,415,000 after buying an additional 1,488,000 shares in the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Down 0.6 %

NYSEARCA:RSP traded down $1.09 during trading hours on Tuesday, reaching $183.93. The company had a trading volume of 1,204,189 shares, compared to its average volume of 6,060,595. The stock has a 50-day moving average of $177.86 and a two-hundred day moving average of $170.74. Invesco S&P 500 Equal Weight ETF has a one year low of $140.06 and a one year high of $185.79. The firm has a market capitalization of $61.61 billion, a PE ratio of 20.44 and a beta of 0.90.

Invesco S&P 500 Equal Weight ETF 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).