Family Manage LLC Acquires 63,975 Shares of Invesco S&P 500 Equal Weight ETF $RSP

Family Manage LLC boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 7,927.5% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 64,782 shares of the company’s stock after buying an additional 63,975 shares during the quarter. Invesco S&P 500 Equal Weight ETF makes up approximately 1.5% of Family Manage LLC’s investment portfolio, making the stock its 16th largest position. Family Manage LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $12,433,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of RSP. Gateway Wealth Partners LLC raised its stake in Invesco S&P 500 Equal Weight ETF by 60.2% in the first quarter. Gateway Wealth Partners LLC now owns 64,713 shares of the company’s stock valued at $12,420,000 after buying an additional 24,315 shares during the period. Visualize Group LP bought a new position in shares of Invesco S&P 500 Equal Weight ETF during the 1st quarter worth approximately $22,512,000. Royal Capital Wealth Management LLC increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 56.7% during the 1st quarter. Royal Capital Wealth Management LLC now owns 5,045 shares of the company’s stock worth $968,000 after acquiring an additional 1,826 shares during the last quarter. Ameraudi Asset Management Inc. increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 20.9% during the 1st quarter. Ameraudi Asset Management Inc. now owns 17,332 shares of the company’s stock worth $3,326,000 after acquiring an additional 3,000 shares during the last quarter. Finally, Cypress Capital Group increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 4.4% during the 1st quarter. Cypress Capital Group now owns 9,845 shares of the company’s stock worth $1,889,000 after acquiring an additional 415 shares during the last quarter. Institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Stock Performance

RSP opened at $213.57 on Monday. Invesco S&P 500 Equal Weight ETF has a 1-year low of $179.94 and a 1-year high of $216.37. The stock’s fifty day simple moving average is $210.53 and its 200 day simple moving average is $203.11. The stock has a market cap of $95.89 billion, a PE ratio of 20.10 and a beta of 0.91.

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.