Invesco S&P 500 Equal Weight ETF $RSP Shares Purchased by IPG Investment Advisors LLC

IPG Investment Advisors LLC increased its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 3.5% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 75,763 shares of the company’s stock after buying an additional 2,574 shares during the period. Invesco S&P 500 Equal Weight ETF comprises 2.3% of IPG Investment Advisors LLC’s investment portfolio, making the stock its 8th largest holding. IPG Investment Advisors LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $16,120,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in RSP. Bienville Capital Management LLC increased its position in shares of Invesco S&P 500 Equal Weight ETF by 392.0% during the second quarter. Bienville Capital Management LLC now owns 17,126 shares of the company’s stock worth $3,644,000 after acquiring an additional 13,645 shares during the period. Lunt Capital Management Inc. boosted its holdings in Invesco S&P 500 Equal Weight ETF by 0.6% in the second quarter. Lunt Capital Management Inc. now owns 34,283 shares of the company’s stock valued at $7,294,000 after purchasing an additional 188 shares during the period. BlueCrest Capital Management Ltd purchased a new position in Invesco S&P 500 Equal Weight ETF in the second quarter valued at $400,736,000. Capital Analysts LLC grew its stake in Invesco S&P 500 Equal Weight ETF by 3.2% during the 2nd quarter. Capital Analysts LLC now owns 15,673 shares of the company’s stock worth $3,334,000 after purchasing an additional 490 shares in the last quarter. Finally, SVB Wealth LLC acquired a new position in Invesco S&P 500 Equal Weight ETF during the 2nd quarter worth $380,000. 61.18% of the stock is currently owned by institutional investors and hedge funds.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of NYSEARCA RSP opened at $214.64 on Thursday. The stock’s 50-day moving average is $217.44 and its two-hundred day moving average is $207.70. Invesco S&P 500 Equal Weight ETF has a 1-year low of $182.11 and a 1-year high of $223.43. The company has a market cap of $97.00 billion, a price-to-earnings ratio of 20.10 and a beta of 0.91.

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.