Principle Wealth Partners LLC Raises Stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Principle Wealth Partners LLC lifted its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 52.0% in the third quarter, according to its most recent 13F filing with the SEC. The firm owned 10,643 shares of the company’s stock after purchasing an additional 3,640 shares during the quarter. Principle Wealth Partners LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $1,150,000 as of its most recent filing with the SEC.

Several other large investors have also recently modified their holdings of the company. BB&T Securities LLC lifted its position in Invesco S&P 500 Equal Weight ETF by 135.8% during the 2nd quarter. BB&T Securities LLC now owns 705,427 shares of the company’s stock worth $76,045,000 after acquiring an additional 406,317 shares in the last quarter. Western Wealth Management LLC raised its position in shares of Invesco S&P 500 Equal Weight ETF by 1,087.0% in the 2nd quarter. Western Wealth Management LLC now owns 206,710 shares of the company’s stock valued at $21,429,000 after purchasing an additional 189,296 shares in the last quarter. MML Investors Services LLC raised its position in shares of Invesco S&P 500 Equal Weight ETF by 40.1% in the 2nd quarter. MML Investors Services LLC now owns 427,114 shares of the company’s stock valued at $46,043,000 after purchasing an additional 122,185 shares in the last quarter. Invesco Ltd. raised its position in shares of Invesco S&P 500 Equal Weight ETF by 8.4% in the 2nd quarter. Invesco Ltd. now owns 1,182,590 shares of the company’s stock valued at $127,483,000 after purchasing an additional 91,765 shares in the last quarter. Finally, Financial Advocates Investment Management raised its position in shares of Invesco S&P 500 Equal Weight ETF by 146.6% in the 2nd quarter. Financial Advocates Investment Management now owns 141,346 shares of the company’s stock valued at $15,237,000 after purchasing an additional 84,023 shares in the last quarter.

Shares of RSP traded up $0.26 during trading on Friday, reaching $111.81. The company’s stock had a trading volume of 324,529 shares, compared to its average volume of 698,111. The company has a fifty day moving average of $108.25 and a two-hundred day moving average of $106.90. Invesco S&P 500 Equal Weight ETF has a twelve month low of $85.76 and a twelve month high of $112.16.

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).

Further Reading: Capital Gains Distribution

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Institutional Ownership by Quarter for Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

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