Tactive Advisors LLC Makes New $4.69 Million Investment in Invesco S&P 500 Equal Weight ETF $RSP

Tactive Advisors LLC acquired a new stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 25,807 shares of the company’s stock, valued at approximately $4,690,000. Invesco S&P 500 Equal Weight ETF accounts for about 1.5% of Tactive Advisors LLC’s investment portfolio, making the stock its 15th largest holding.

Other hedge funds also recently made changes to their positions in the company. Total Clarity Wealth Management Inc. boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 25.4% during the 2nd quarter. Total Clarity Wealth Management Inc. now owns 4,304 shares of the company’s stock worth $782,000 after acquiring an additional 872 shares in the last quarter. Quantbot Technologies LP bought a new stake in Invesco S&P 500 Equal Weight ETF during the second quarter worth $3,391,000. Cerity Partners LLC boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 24.0% in the 2nd quarter. Cerity Partners LLC now owns 1,701,457 shares of the company’s stock valued at $309,223,000 after purchasing an additional 329,842 shares in the last quarter. Baird Financial Group Inc. increased its stake in shares of Invesco S&P 500 Equal Weight ETF by 6.4% in the 2nd quarter. Baird Financial Group Inc. now owns 260,888 shares of the company’s stock valued at $47,414,000 after purchasing an additional 15,643 shares during the last quarter. Finally, Almanack Investment Partners LLC. bought a new position in shares of Invesco S&P 500 Equal Weight ETF in the 2nd quarter valued at $1,545,000. 61.18% of the stock is owned by institutional investors.

Invesco S&P 500 Equal Weight ETF Stock Down 0.7%

Shares of RSP stock opened at $193.41 on Friday. The business has a fifty day simple moving average of $189.04 and a 200 day simple moving average of $186.04. The company has a market cap of $74.81 billion, a P/E ratio of 20.10 and a beta of 0.99. Invesco S&P 500 Equal Weight ETF has a twelve month low of $150.35 and a twelve month high of $195.47.

Invesco S&P 500 Equal Weight ETF Company Profile

(Free Report)

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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