ORG Partners LLC Purchases 3,049 Shares of Invesco S&P 500 Equal Weight ETF $RSP

ORG Partners LLC boosted its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 30.2% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 13,157 shares of the company’s stock after acquiring an additional 3,049 shares during the quarter. ORG Partners LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $2,423,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in RSP. Nova Wealth Management Inc. bought a new position in shares of Invesco S&P 500 Equal Weight ETF during the second quarter valued at $25,000. Uniplan Investment Counsel Inc. bought a new stake in Invesco S&P 500 Equal Weight ETF in the 1st quarter worth about $26,000. Richardson Capital Management LLC purchased a new position in Invesco S&P 500 Equal Weight ETF in the 1st quarter worth about $30,000. OLD Second National Bank of Aurora bought a new stake in shares of Invesco S&P 500 Equal Weight ETF in the first quarter worth approximately $31,000. Finally, Howe & Rusling Inc. raised its holdings in shares of Invesco S&P 500 Equal Weight ETF by 190.8% during the first quarter. Howe & Rusling Inc. now owns 189 shares of the company’s stock valued at $33,000 after purchasing an additional 124 shares during the last quarter. 61.18% of the stock is currently owned by hedge funds and other institutional investors.

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

Shares of Invesco S&P 500 Equal Weight ETF stock opened at $188.57 on Friday. Invesco S&P 500 Equal Weight ETF has a twelve month low of $150.35 and a twelve month high of $190.54. The company’s 50 day moving average is $186.83 and its 200 day moving average is $178.52. The company has a market cap of $74.75 billion, a price-to-earnings ratio of 20.10 and a beta of 1.05.

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).