Congress Wealth Management LLC DE lifted its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) by 0.8% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 673,041 shares of the company’s stock after purchasing an additional 5,497 shares during the period. Invesco S&P 500 Equal Weight ETF comprises 1.6% of Congress Wealth Management LLC DE’s holdings, making the stock its 5th biggest position. Congress Wealth Management LLC DE’s holdings in Invesco S&P 500 Equal Weight ETF were worth $117,937,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also recently modified their holdings of RSP. Thrivent Financial for Lutherans raised its holdings in Invesco S&P 500 Equal Weight ETF by 1.2% in the third quarter. Thrivent Financial for Lutherans now owns 16,504 shares of the company’s stock worth $2,957,000 after purchasing an additional 197 shares in the last quarter. Commerce Bank grew its position in shares of Invesco S&P 500 Equal Weight ETF by 85.9% in the 3rd quarter. Commerce Bank now owns 6,243 shares of the company’s stock worth $1,118,000 after buying an additional 2,885 shares during the last quarter. Kingsview Wealth Management LLC raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 4.3% during the 3rd quarter. Kingsview Wealth Management LLC now owns 14,591 shares of the company’s stock worth $2,614,000 after acquiring an additional 599 shares in the last quarter. Jim Saulnier & Associates LLC purchased a new stake in Invesco S&P 500 Equal Weight ETF during the third quarter valued at approximately $240,000. Finally, StoneX Group Inc. boosted its stake in Invesco S&P 500 Equal Weight ETF by 7.8% in the third quarter. StoneX Group Inc. now owns 138,872 shares of the company’s stock valued at $24,880,000 after acquiring an additional 10,003 shares in the last quarter.
Invesco S&P 500 Equal Weight ETF Trading Down 0.5 %
NYSEARCA RSP opened at $173.84 on Monday. Invesco S&P 500 Equal Weight ETF has a 12-month low of $158.83 and a 12-month high of $188.16. The firm’s fifty day simple moving average is $178.66 and its two-hundred day simple moving average is $179.10. The firm has a market capitalization of $72.42 billion, a P/E ratio of 20.93 and a beta of 1.07.
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).
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