Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) Shares Purchased by Oak Harbor Wealth Partners LLC

Oak Harbor Wealth Partners LLC boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 1.9% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 19,542 shares of the company’s stock after purchasing an additional 355 shares during the period. Invesco S&P 500 Equal Weight ETF comprises approximately 1.0% of Oak Harbor Wealth Partners LLC’s investment portfolio, making the stock its 27th biggest holding. Oak Harbor Wealth Partners LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $3,501,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. raised its position in Invesco S&P 500 Equal Weight ETF by 855.5% during the second 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 in the last quarter. JPMorgan Chase & Co. increased its holdings 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 valued at $1,201,600,000 after purchasing an additional 2,328,560 shares in the last quarter. Strategic Financial Concepts LLC lifted its stake in shares of Invesco S&P 500 Equal Weight ETF by 11,793.3% in the 2nd quarter. Strategic Financial Concepts LLC now owns 6,406,233 shares of the company’s stock valued at $10,524,000 after purchasing an additional 6,352,369 shares during the period. LPL Financial LLC lifted its stake 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 purchasing an additional 34,825 shares during the period. Finally, Envestnet Asset Management Inc. boosted its holdings in Invesco S&P 500 Equal Weight ETF by 0.4% during the second quarter. Envestnet Asset Management Inc. now owns 3,011,313 shares of the company’s stock worth $494,698,000 after buying an additional 11,263 shares in the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Performance

RSP opened at $182.24 on Friday. The company has a fifty day moving average of $178.27 and a two-hundred day moving average of $170.98. The stock has a market capitalization of $61.04 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $144.35 and a fifty-two week high of $185.79.

Invesco S&P 500 Equal Weight ETF Company 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).