Ashton Thomas Private Wealth LLC Has $4.03 Million Stock Holdings in Invesco S&P 500 Equal Weight ETF $RSP

Ashton Thomas Private Wealth LLC grew its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 28.8% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 21,058 shares of the company’s stock after buying an additional 4,708 shares during the period. Ashton Thomas Private Wealth LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $4,034,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in RSP. Northwestern Mutual Wealth Management Co. increased its stake in shares of Invesco S&P 500 Equal Weight ETF by 2.6% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 25,293,041 shares of the company’s stock valued at $4,798,090,000 after buying an additional 635,369 shares during the period. Endurance Services Ltd acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF in the third quarter valued at about $96,962,000. Schusterman Interests LLC increased its stake in shares of Invesco S&P 500 Equal Weight ETF by 420.8% in the third quarter. Schusterman Interests LLC now owns 625,000 shares of the company’s stock valued at $118,562,000 after buying an additional 505,000 shares during the period. Heck Capital Advisors LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at about $83,931,000. Finally, CIBC Bancorp USA Inc. acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF in the third quarter valued at about $72,022,000. Institutional investors and hedge funds own 61.18% of the company’s stock.

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

Shares of RSP stock opened at $201.79 on Tuesday. The stock has a market cap of $87.61 billion, a price-to-earnings ratio of 20.10 and a beta of 0.94. The stock has a 50-day moving average of $198.00 and a 200-day moving average of $194.77. Invesco S&P 500 Equal Weight ETF has a 1-year low of $165.39 and a 1-year high of $205.24.

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). 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.