Invesco S&P 500 Equal Weight ETF $RSP is Mosaic Financial Group LLC’s 7th Largest Position

Mosaic Financial Group LLC grew its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 3.1% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 19,392 shares of the company’s stock after buying an additional 581 shares during the period. Invesco S&P 500 Equal Weight ETF accounts for about 2.7% of Mosaic Financial Group LLC’s holdings, making the stock its 7th biggest holding. Mosaic Financial Group LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $3,524,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Nova Wealth Management Inc. purchased a new position in Invesco S&P 500 Equal Weight ETF in the 2nd quarter worth approximately $25,000. Uniplan Investment Counsel Inc. purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 1st quarter valued at approximately $26,000. Howe & Rusling Inc. raised its position in shares of Invesco S&P 500 Equal Weight ETF by 190.8% during the 1st quarter. Howe & Rusling Inc. now owns 189 shares of the company’s stock valued at $33,000 after buying an additional 124 shares during the period. GoalVest Advisory LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 2nd quarter valued at approximately $34,000. Finally, Hanson & Doremus Investment Management grew its position in Invesco S&P 500 Equal Weight ETF by 30.5% in the second quarter. Hanson & Doremus Investment Management now owns 308 shares of the company’s stock worth $56,000 after acquiring an additional 72 shares during the period. 61.18% of the stock is currently owned by institutional investors and hedge funds.

Invesco S&P 500 Equal Weight ETF Stock Up 0.8%

RSP stock opened at $187.56 on Monday. Invesco S&P 500 Equal Weight ETF has a 52-week low of $150.35 and a 52-week high of $192.33. The stock has a market cap of $72.55 billion, a price-to-earnings ratio of 20.10 and a beta of 0.99. The business has a fifty day moving average of $188.74 and a two-hundred day moving average of $183.36.

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).