Spectrum Financial Alliance Ltd LLC Acquires New Position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Spectrum Financial Alliance Ltd LLC acquired a new stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 1,337 shares of the company’s stock, valued at approximately $240,000. Invesco S&P 500 Equal Weight ETF comprises about 0.1% of Spectrum Financial Alliance Ltd LLC’s portfolio, making the stock its 16th biggest position.

Other institutional investors have also recently bought and sold shares of the company. Northwestern Mutual Wealth Management Co. increased its stake in shares of Invesco S&P 500 Equal Weight ETF by 855.5% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 20,539,639 shares of the company’s stock valued at $3,379,816,000 after acquiring an additional 18,390,083 shares during the last quarter. JPMorgan Chase & Co. increased its stake in Invesco S&P 500 Equal Weight ETF by 48.9% in the first quarter. JPMorgan Chase & Co. now owns 7,094,524 shares of the company’s stock valued at $1,201,600,000 after purchasing an additional 2,328,560 shares in the last quarter. Strategic Financial Concepts LLC raised its holdings 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 purchasing an additional 6,352,369 shares during the period. LPL Financial LLC grew its holdings in shares of Invesco S&P 500 Equal Weight ETF by 0.9% in the 2nd quarter. LPL Financial LLC now owns 3,736,455 shares of the company’s stock valued at $613,825,000 after buying an additional 34,825 shares during the period. Finally, Envestnet Asset Management Inc. increased its position in shares of Invesco S&P 500 Equal Weight ETF by 0.4% in the 2nd quarter. Envestnet Asset Management Inc. now owns 3,011,313 shares of the company’s stock valued at $494,698,000 after buying an additional 11,263 shares in the last quarter.

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

Shares of Invesco S&P 500 Equal Weight ETF stock opened at $181.87 on Friday. The stock’s fifty day simple moving average is $175.44 and its 200 day simple moving average is $168.82. The company has a market capitalization of $60.92 billion, a PE ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a 12 month low of $133.34 and a 12 month high of $182.22.

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).