Jones Financial Companies Lllp Increases Stock Holdings in Invesco S&P 500 Equal Weight ETF $RSP

Jones Financial Companies Lllp boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 24.0% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 291,699 shares of the company’s stock after buying an additional 56,398 shares during the quarter. Jones Financial Companies Lllp owned approximately 0.08% of Invesco S&P 500 Equal Weight ETF worth $55,006,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the stock. North Peak Capital Management LLC raised its position in shares of Invesco S&P 500 Equal Weight ETF by 227.3% during the 2nd quarter. North Peak Capital Management LLC now owns 1,374,131 shares of the company’s stock valued at $249,735,000 after purchasing an additional 2,453,262 shares during the period. Northwestern Mutual Wealth Management Co. raised its holdings in shares of Invesco S&P 500 Equal Weight ETF by 4.7% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 24,657,672 shares of the company’s stock worth $4,481,285,000 after acquiring an additional 1,103,629 shares in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 119.1% in the 2nd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 2,027,552 shares of the company’s stock worth $368,487,000 after buying an additional 1,102,322 shares in the last quarter. Corient Private Wealth LLC increased its stake in Invesco S&P 500 Equal Weight ETF by 303.3% during the second quarter. Corient Private Wealth LLC now owns 1,015,653 shares of the company’s stock worth $184,495,000 after acquiring an additional 763,825 shares during the last quarter. Finally, JPMorgan Chase & Co. raised its holdings in Invesco S&P 500 Equal Weight ETF by 11.7% during the 2nd quarter. JPMorgan Chase & Co. now owns 5,646,560 shares of the company’s stock valued at $1,026,206,000 after buying an additional 589,365 shares during the period. Institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of NYSEARCA:RSP opened at $199.10 on Tuesday. The business has a 50 day simple moving average of $194.63 and a two-hundred day simple moving average of $190.00. Invesco S&P 500 Equal Weight ETF has a 1 year low of $150.35 and a 1 year high of $200.78. The firm has a market capitalization of $83.22 billion, a PE ratio of 20.10 and a beta of 0.99.

About Invesco S&P 500 Equal Weight ETF

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). The Index utilizes quarterly rebalancing to maintain its equal-weight stance. Under normal circumstances, the Fund will invest at least 90% of its net assets, plus any borrowing for investment purposes, in the equity securities (and derivatives thereof) included in the Index.