Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) Position Raised by Sugarloaf Wealth Management LLC

Sugarloaf Wealth Management LLC grew its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 2.2% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 123,995 shares of the company’s stock after purchasing an additional 2,665 shares during the period. Invesco S&P 500 Equal Weight ETF makes up about 3.7% of Sugarloaf Wealth Management LLC’s portfolio, making the stock its 9th biggest position. Sugarloaf Wealth Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $21,728,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently modified their holdings of RSP. Northwestern Mutual Wealth Management Co. raised its position in Invesco S&P 500 Equal Weight ETF by 855.5% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 20,539,639 shares of the company’s stock worth $3,379,816,000 after purchasing an additional 18,390,083 shares during the period. LPL Financial LLC grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 9.5% during the third quarter. LPL Financial LLC now owns 4,090,639 shares of the company’s stock valued at $732,879,000 after buying an additional 354,184 shares during the last quarter. Envestnet Asset Management Inc. raised its holdings in shares of Invesco S&P 500 Equal Weight ETF by 0.4% in the second quarter. Envestnet Asset Management Inc. now owns 3,011,313 shares of the company’s stock worth $494,698,000 after buying an additional 11,263 shares during the period. Healthcare of Ontario Pension Plan Trust Fund lifted its stake in shares of Invesco S&P 500 Equal Weight ETF by 4.2% during the 3rd quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 2,438,000 shares of the company’s stock worth $436,792,000 after acquiring an additional 98,000 shares during the last quarter. Finally, Citigroup Inc. boosted its holdings in Invesco S&P 500 Equal Weight ETF by 10.6% during the 3rd quarter. Citigroup Inc. now owns 2,082,326 shares of the company’s stock valued at $373,069,000 after acquiring an additional 198,793 shares during the period.

Invesco S&P 500 Equal Weight ETF Stock Performance

RSP stock traded down $2.05 during midday trading on Friday, reaching $173.77. The company’s stock had a trading volume of 5,933,585 shares, compared to its average volume of 7,308,999. Invesco S&P 500 Equal Weight ETF has a 1 year low of $153.10 and a 1 year high of $188.16. The firm has a market capitalization of $58.20 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90. The stock has a fifty day simple moving average of $180.95 and a two-hundred day simple moving average of $175.43.

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).