Dupree Financial Group LLC Lowers Position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Dupree Financial Group LLC reduced its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 87.4% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 8,219 shares of the company’s stock after selling 57,242 shares during the period. Dupree Financial Group LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $1,472,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Northwestern Mutual Wealth Management Co. raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 855.5% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 20,539,639 shares of the company’s stock valued at $3,379,816,000 after acquiring an additional 18,390,083 shares during the period. JPMorgan Chase & Co. raised its position in Invesco S&P 500 Equal Weight ETF by 48.9% in the first quarter. JPMorgan Chase & Co. now owns 7,094,524 shares of the company’s stock valued at $1,201,600,000 after purchasing an additional 2,328,560 shares during the period. Strategic Financial Concepts LLC lifted its stake in Invesco S&P 500 Equal Weight ETF by 11,793.3% during the second quarter. Strategic Financial Concepts LLC now owns 6,406,233 shares of the company’s stock worth $10,524,000 after purchasing an additional 6,352,369 shares in the last quarter. LPL Financial LLC boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 0.9% during the second quarter. LPL Financial LLC now owns 3,736,455 shares of the company’s stock worth $613,825,000 after buying an additional 34,825 shares during the period. Finally, Envestnet Asset Management Inc. boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 0.4% during the second quarter. Envestnet Asset Management Inc. now owns 3,011,313 shares of the company’s stock worth $494,698,000 after buying an additional 11,263 shares during the period.

Invesco S&P 500 Equal Weight ETF Trading Down 0.4 %

RSP stock opened at $179.51 on Wednesday. The business’s fifty day moving average price is $175.97 and its 200 day moving average price is $169.03. Invesco S&P 500 Equal Weight ETF has a 12-month low of $133.34 and a 12-month high of $182.22. The company has a market capitalization of $60.13 billion, a PE ratio of 20.44 and a beta of 0.90.

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).