Astra Wealth Partners LLC Has $1.08 Million Position in Invesco S&P 500 Equal Weight ETF $RSP

Astra Wealth Partners LLC lifted its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 162.3% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 5,694 shares of the company’s stock after purchasing an additional 3,523 shares during the period. Invesco S&P 500 Equal Weight ETF accounts for 0.7% of Astra Wealth Partners LLC’s portfolio, making the stock its 28th largest holding. Astra Wealth Partners LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $1,080,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of RSP. Northwestern Mutual Wealth Management Co. increased its position in Invesco S&P 500 Equal Weight ETF by 4.7% during the second 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. JPMorgan Chase & Co. increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 11.7% during 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. Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its stake in 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 acquiring an additional 1,102,322 shares during the period. Phoenix Financial Ltd. raised its stake in Invesco S&P 500 Equal Weight ETF by 13.8% in the 3rd quarter. Phoenix Financial Ltd. now owns 1,768,432 shares of the company’s stock valued at $335,472,000 after acquiring an additional 214,432 shares during the period. Finally, Cerity Partners LLC lifted its holdings in Invesco S&P 500 Equal Weight ETF by 3.2% during the 3rd quarter. Cerity Partners LLC now owns 1,756,382 shares of the company’s stock valued at $333,186,000 after purchasing an additional 54,925 shares during the last quarter. 61.18% of the stock is currently owned by institutional investors and hedge funds.

Invesco S&P 500 Equal Weight ETF Price Performance

RSP stock opened at $204.97 on Monday. Invesco S&P 500 Equal Weight ETF has a one year low of $150.35 and a one year high of $205.24. The stock has a market cap of $85.00 billion, a price-to-earnings ratio of 20.10 and a beta of 0.99. The company has a fifty day moving average price of $198.73 and a two-hundred day moving average price of $192.38.

About Invesco S&P 500 Equal Weight ETF

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.