Alexander Labrunerie & CO. Inc. Has $1.84 Million Holdings in Invesco S&P 500 Equal Weight ETF $RSP

Alexander Labrunerie & CO. Inc. lifted its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 23.7% during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 10,142 shares of the company’s stock after acquiring an additional 1,940 shares during the period. Invesco S&P 500 Equal Weight ETF makes up approximately 0.8% of Alexander Labrunerie & CO. Inc.’s investment portfolio, making the stock its 29th largest position. Alexander Labrunerie & CO. Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $1,843,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of RSP. Nova Wealth Management Inc. acquired a new position in shares of Invesco S&P 500 Equal Weight ETF in the second quarter valued at about $25,000. Uniplan Investment Counsel Inc. acquired a new position in shares of Invesco S&P 500 Equal Weight ETF in the first quarter valued at about $26,000. Richardson Capital Management LLC acquired a new position in shares of Invesco S&P 500 Equal Weight ETF in the first quarter valued at about $30,000. Howe & Rusling Inc. grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 190.8% in the first quarter. Howe & Rusling Inc. now owns 189 shares of the company’s stock valued at $33,000 after acquiring an additional 124 shares in the last quarter. Finally, GoalVest Advisory LLC acquired a new position in shares of Invesco S&P 500 Equal Weight ETF in the second quarter valued at about $34,000. 61.18% of the stock is currently owned by institutional investors and hedge funds.

Invesco S&P 500 Equal Weight ETF Stock Up 0.4%

Shares of Invesco S&P 500 Equal Weight ETF stock opened at $192.11 on Tuesday. The company has a market capitalization of $74.18 billion, a price-to-earnings ratio of 20.10 and a beta of 0.99. Invesco S&P 500 Equal Weight ETF has a 12-month low of $150.35 and a 12-month high of $192.33. The firm’s 50-day moving average price is $188.79 and its two-hundred day moving average price is $181.62.

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).