Baird Financial Group Inc. Purchases 15,643 Shares of Invesco S&P 500 Equal Weight ETF $RSP

Baird Financial Group Inc. grew its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 6.4% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 260,888 shares of the company’s stock after purchasing an additional 15,643 shares during the period. Baird Financial Group Inc. owned about 0.07% of Invesco S&P 500 Equal Weight ETF worth $47,414,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of RSP. Northwestern Mutual Wealth Management Co. lifted its position in Invesco S&P 500 Equal Weight ETF by 4.7% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 24,657,672 shares of the company’s stock worth $4,481,285,000 after buying an additional 1,103,629 shares during the last quarter. Invesco Ltd. raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 12.0% during the first quarter. Invesco Ltd. now owns 11,189,061 shares of the company’s stock worth $1,938,281,000 after acquiring an additional 1,195,627 shares in the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 11.7% in the 2nd quarter. JPMorgan Chase & Co. now owns 5,646,560 shares of the company’s stock worth $1,026,206,000 after acquiring an additional 589,365 shares during the last quarter. Cresset Asset Management LLC boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 6.9% in the 1st quarter. Cresset Asset Management LLC now owns 3,987,375 shares of the company’s stock valued at $690,733,000 after purchasing an additional 258,708 shares in the last quarter. Finally, Japan Science & Technology Agency bought a new position in shares of Invesco S&P 500 Equal Weight ETF during the 1st quarter valued at $656,908,000. 61.18% of the stock is currently owned by hedge funds and other institutional investors.

Invesco S&P 500 Equal Weight ETF Stock Up 0.0%

Shares of NYSEARCA:RSP opened at $191.55 on Friday. The stock has a market cap of $74.09 billion, a PE ratio of 20.10 and a beta of 0.99. The company’s fifty day moving average is $188.74 and its 200 day moving average is $185.32. Invesco S&P 500 Equal Weight ETF has a 52 week low of $150.35 and a 52 week high of $192.33.

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).