Evolution Wealth Advisors LLC Grows Position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Evolution Wealth Advisors LLC boosted its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 0.9% in the third quarter, HoldingsChannel reports. The firm owned 21,334 shares of the company’s stock after acquiring an additional 180 shares during the period. Evolution Wealth Advisors LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $3,822,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 855.5% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 20,539,639 shares of the company’s stock worth $3,379,816,000 after buying an additional 18,390,083 shares during the last quarter. Strategic Financial Concepts LLC raised its position in Invesco S&P 500 Equal Weight ETF by 11,793.3% in the second quarter. Strategic Financial Concepts LLC now owns 6,406,233 shares of the company’s stock worth $10,524,000 after acquiring an additional 6,352,369 shares during the period. JPMorgan Chase & Co. boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 48.9% during the 1st quarter. JPMorgan Chase & Co. now owns 7,094,524 shares of the company’s stock worth $1,201,600,000 after acquiring an additional 2,328,560 shares during the last quarter. US Bancorp DE grew its position in shares of Invesco S&P 500 Equal Weight ETF by 2,150.4% during the 2nd quarter. US Bancorp DE now owns 2,083,103 shares of the company’s stock valued at $342,213,000 after acquiring an additional 1,990,537 shares during the period. Finally, Healthcare of Ontario Pension Plan Trust Fund increased its stake in shares of Invesco S&P 500 Equal Weight ETF by 174.6% in the 2nd quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 2,340,000 shares of the company’s stock worth $384,415,000 after purchasing an additional 1,488,000 shares in the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of Invesco S&P 500 Equal Weight ETF stock opened at $180.94 on Friday. The stock’s fifty day moving average is $178.67 and its 200 day moving average is $171.18. Invesco S&P 500 Equal Weight ETF has a one year low of $144.35 and a one year high of $185.79. The stock has a market cap of $60.60 billion, a P/E ratio of 20.44 and a beta of 0.90.

Invesco S&P 500 Equal Weight ETF 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).