Black Maple Capital Management LP Reduces Stock Holdings in Invesco S&P 500 Equal Weight ETF $RSP

Black Maple Capital Management LP lessened its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 21.6% during the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 23,600 shares of the company’s stock after selling 6,500 shares during the quarter. Invesco S&P 500 Equal Weight ETF comprises 1.9% of Black Maple Capital Management LP’s portfolio, making the stock its 7th largest position. Black Maple Capital Management LP’s holdings in Invesco S&P 500 Equal Weight ETF were worth $4,289,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Japan Science & Technology Agency bought a new position in Invesco S&P 500 Equal Weight ETF during the 1st quarter valued at approximately $656,908,000. North Peak Capital Management LLC boosted its holdings in Invesco S&P 500 Equal Weight ETF by 227.3% in the second quarter. North Peak Capital Management LLC now owns 1,374,131 shares of the company’s stock worth $249,735,000 after acquiring an additional 2,453,262 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 4.7% in 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 acquiring an additional 1,103,629 shares during the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 119.1% during the second 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 in the last quarter. Finally, JPMorgan Chase & Co. increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 11.7% during the second quarter. JPMorgan Chase & Co. now owns 5,646,560 shares of the company’s stock valued at $1,026,206,000 after acquiring an additional 589,365 shares in 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 Price Performance

Shares of Invesco S&P 500 Equal Weight ETF stock opened at $193.41 on Friday. The stock has a market cap of $74.81 billion, a price-to-earnings ratio of 20.10 and a beta of 0.99. The firm’s 50-day moving average is $189.04 and its 200 day moving average is $185.98. Invesco S&P 500 Equal Weight ETF has a 1 year low of $150.35 and a 1 year high of $195.47.

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).