Invesco S&P 500 Equal Weight ETF $RSP Holdings Lessened by Arvest Investments Inc.

Arvest Investments Inc. lowered its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 2.0% in the third quarter, according to its most recent 13F filing with the SEC. The firm owned 252,054 shares of the company’s stock after selling 5,118 shares during the period. Invesco S&P 500 Equal Weight ETF makes up approximately 6.9% of Arvest Investments Inc.’s investment portfolio, making the stock its 2nd largest position. Arvest Investments Inc. owned 0.06% of Invesco S&P 500 Equal Weight ETF worth $47,815,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Northwestern Mutual Wealth Management Co. raised its holdings in shares of 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 valued at $4,481,285,000 after buying an additional 1,103,629 shares during the period. JPMorgan Chase & Co. raised its stake in Invesco S&P 500 Equal Weight ETF by 11.7% in the second quarter. JPMorgan Chase & Co. now owns 5,646,560 shares of the company’s stock valued at $1,026,206,000 after buying an additional 589,365 shares in the last quarter. Japan Science & Technology Agency acquired a new position in Invesco S&P 500 Equal Weight ETF in the first quarter valued at approximately $656,908,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS grew its position in shares of Invesco S&P 500 Equal Weight ETF by 119.1% in the 2nd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 2,027,552 shares of the company’s stock valued at $368,487,000 after buying an additional 1,102,322 shares during the last quarter. Finally, Cerity Partners LLC increased its position in shares of Invesco S&P 500 Equal Weight ETF by 24.0% during the second quarter. Cerity Partners LLC now owns 1,701,457 shares of the company’s stock worth $309,223,000 after purchasing an additional 329,842 shares in the last quarter. Institutional investors and hedge funds own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Trading Up 0.4%

RSP stock opened at $192.88 on Monday. The company has a market capitalization of $74.61 billion, a P/E ratio of 20.10 and a beta of 0.99. The business has a 50 day simple moving average of $189.36 and a 200-day simple moving average of $186.66. Invesco S&P 500 Equal Weight ETF has a twelve month low of $150.35 and a twelve month high of $195.46.

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). The Index utilizes quarterly rebalancing to maintain its equal-weight stance. Under normal circumstances, the Fund will invest at least 90% of its net assets, plus any borrowing for investment purposes, in the equity securities (and derivatives thereof) included in the Index.