Massachusetts Wealth Management Has $850,000 Position in Invesco S&P 500 Equal Weight ETF $RSP

Massachusetts Wealth Management boosted its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 3.9% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 4,679 shares of the company’s stock after buying an additional 175 shares during the period. Massachusetts Wealth Management’s holdings in Invesco S&P 500 Equal Weight ETF were worth $850,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of the business. Realta Investment Advisors increased its holdings in Invesco S&P 500 Equal Weight ETF by 15.5% in the 2nd quarter. Realta Investment Advisors now owns 410 shares of the company’s stock valued at $75,000 after buying an additional 55 shares during the period. Battery Global Advisors LLC increased its holdings in Invesco S&P 500 Equal Weight ETF by 0.5% in the 1st quarter. Battery Global Advisors LLC now owns 12,604 shares of the company’s stock valued at $2,183,000 after buying an additional 60 shares during the period. Rosenberg Matthew Hamilton increased its holdings in Invesco S&P 500 Equal Weight ETF by 1.6% in the 1st quarter. Rosenberg Matthew Hamilton now owns 3,951 shares of the company’s stock valued at $684,000 after buying an additional 61 shares during the period. Ehrlich Financial Group increased its holdings in Invesco S&P 500 Equal Weight ETF by 1.4% in the 2nd quarter. Ehrlich Financial Group now owns 4,792 shares of the company’s stock valued at $871,000 after buying an additional 65 shares during the period. Finally, Live Oak Private Wealth LLC increased its holdings in Invesco S&P 500 Equal Weight ETF by 2.0% in the 1st quarter. Live Oak Private Wealth LLC now owns 3,428 shares of the company’s stock valued at $594,000 after buying an additional 67 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 Trading Up 0.3%

Shares of Invesco S&P 500 Equal Weight ETF stock opened at $190.97 on Thursday. The firm has a market capitalization of $75.06 billion, a PE ratio of 20.10 and a beta of 1.05. The firm’s 50 day moving average is $187.50 and its 200 day moving average is $179.47. Invesco S&P 500 Equal Weight ETF has a 1 year low of $150.35 and a 1 year high of $192.30.

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).