Second Half Financial Partners LLC Has $1.45 Million Stock Position in Invesco S&P 500 Equal Weight ETF $RSP

Second Half Financial Partners LLC lifted its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 18.9% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 7,949 shares of the company’s stock after purchasing an additional 1,265 shares during the quarter. Invesco S&P 500 Equal Weight ETF accounts for about 0.7% of Second Half Financial Partners LLC’s investment portfolio, making the stock its 21st largest holding. Second Half Financial Partners LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $1,445,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Northwestern Mutual Wealth Management Co. boosted its position in Invesco S&P 500 Equal Weight ETF by 1.7% during the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 23,554,043 shares of the company’s stock worth $4,080,267,000 after acquiring an additional 396,957 shares during the period. Invesco Ltd. boosted its position in Invesco S&P 500 Equal Weight ETF by 12.0% during the 1st quarter. Invesco Ltd. now owns 11,189,061 shares of the company’s stock worth $1,938,281,000 after acquiring an additional 1,195,627 shares during the period. Goldman Sachs Group Inc. boosted its position in Invesco S&P 500 Equal Weight ETF by 219.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 9,102,168 shares of the company’s stock worth $1,576,769,000 after acquiring an additional 6,254,609 shares during the period. LPL Financial LLC boosted its position in Invesco S&P 500 Equal Weight ETF by 20.5% during the 1st quarter. LPL Financial LLC now owns 5,260,788 shares of the company’s stock worth $911,326,000 after acquiring an additional 894,245 shares during the period. Finally, JPMorgan Chase & Co. boosted its position in Invesco S&P 500 Equal Weight ETF by 26.8% during the 1st quarter. JPMorgan Chase & Co. now owns 5,057,195 shares of the company’s stock worth $876,058,000 after acquiring an additional 1,069,297 shares during the period. Institutional investors and hedge funds own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Trading Down 2.3%

Shares of NYSEARCA RSP opened at $185.12 on Friday. Invesco S&P 500 Equal Weight ETF has a one year low of $150.35 and a one year high of $192.30. The firm has a market capitalization of $72.28 billion, a PE ratio of 20.10 and a beta of 1.05. The business has a 50-day moving average price of $187.69 and a two-hundred day moving average price of $179.67.

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).