Principal Financial Group Inc. Acquires 132 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Principal Financial Group Inc. raised its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 2.2% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 6,133 shares of the company’s stock after buying an additional 132 shares during the period. Principal Financial Group Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $1,008,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Everett Harris & Co. CA lifted its holdings in Invesco S&P 500 Equal Weight ETF by 1.4% during the first quarter. Everett Harris & Co. CA now owns 4,696 shares of the company’s stock valued at $795,000 after purchasing an additional 65 shares in the last quarter. Opal Wealth Advisors LLC raised its position in shares of Invesco S&P 500 Equal Weight ETF by 1.6% during the 2nd quarter. Opal Wealth Advisors LLC now owns 4,353 shares of the company’s stock valued at $715,000 after purchasing an additional 67 shares during the period. Acorn Wealth Advisors LLC lifted its stake in shares of Invesco S&P 500 Equal Weight ETF by 0.5% during the 1st quarter. Acorn Wealth Advisors LLC now owns 14,589 shares of the company’s stock valued at $2,471,000 after buying an additional 70 shares in the last quarter. SignalPoint Asset Management LLC boosted its holdings in Invesco S&P 500 Equal Weight ETF by 4.2% in the 1st quarter. SignalPoint Asset Management LLC now owns 1,729 shares of the company’s stock worth $293,000 after buying an additional 70 shares during the period. Finally, Objective Capital Management LLC increased its stake in Invesco S&P 500 Equal Weight ETF by 3.7% in the 1st quarter. Objective Capital Management LLC now owns 2,025 shares of the company’s stock worth $343,000 after buying an additional 73 shares in the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Up 0.6 %

Shares of Invesco S&P 500 Equal Weight ETF stock opened at $173.35 on Friday. The company has a market capitalization of $58.06 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90. The stock’s 50-day simple moving average is $169.81 and its 200-day simple moving average is $166.47. Invesco S&P 500 Equal Weight ETF has a 52 week low of $133.34 and a 52 week high of $175.96.

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).