Keystone Global Partners LLC Grows Holdings in Invesco S&P 500 Equal Weight ETF $RSP

Keystone Global Partners LLC boosted its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 136.5% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 18,048 shares of the company’s stock after buying an additional 10,416 shares during the quarter. Invesco S&P 500 Equal Weight ETF accounts for approximately 1.5% of Keystone Global Partners LLC’s holdings, making the stock its 20th biggest holding. Keystone Global Partners LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $3,464,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of the business. Fulton Bank N.A. increased its position in shares of Invesco S&P 500 Equal Weight ETF by 43.9% during the first quarter. Fulton Bank N.A. now owns 2,633 shares of the company’s stock worth $505,000 after acquiring an additional 803 shares during the last quarter. Financial Life Planners purchased a new position in Invesco S&P 500 Equal Weight ETF in the first quarter valued at about $159,000. Wealth Care LLC acquired a new stake in Invesco S&P 500 Equal Weight ETF during the 1st quarter valued at approximately $6,291,000. Alexis Investment Partners LLC grew its stake in Invesco S&P 500 Equal Weight ETF by 9.7% during the 1st quarter. Alexis Investment Partners LLC now owns 40,913 shares of the company’s stock valued at $7,695,000 after purchasing an additional 3,621 shares in the last quarter. Finally, Key Financial Inc increased its holdings in Invesco S&P 500 Equal Weight ETF by 13.4% during the 1st quarter. Key Financial Inc now owns 636 shares of the company’s stock worth $122,000 after purchasing an additional 75 shares during the last quarter. 61.18% of the stock is currently owned by institutional investors and hedge funds.

Invesco S&P 500 Equal Weight ETF Stock Up 0.3%

Shares of RSP opened at $213.41 on Thursday. The firm has a market cap of $93.19 billion, a price-to-earnings ratio of 20.10 and a beta of 0.91. The business’s 50 day moving average is $206.84 and its two-hundred day moving average is $200.64. Invesco S&P 500 Equal Weight ETF has a 52-week low of $179.94 and a 52-week high of $214.95.

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). 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.