Ironwood Wealth Management LLC. Boosts Holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Ironwood Wealth Management LLC. increased its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 10.5% in the 2nd quarter, Holdings Channel.com reports. The firm owned 24,282 shares of the company’s stock after buying an additional 2,317 shares during the quarter. Ironwood Wealth Management LLC.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $3,989,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in RSP. Balyasny Asset Management L.P. acquired a new position in Invesco S&P 500 Equal Weight ETF in the 4th quarter worth $671,392,000. JPMorgan Chase & Co. lifted its stake in shares of 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 worth $1,201,600,000 after acquiring an additional 2,328,560 shares in the last quarter. Global Assets Advisory LLC purchased a new position in Invesco S&P 500 Equal Weight ETF in the first quarter valued at about $284,337,000. Envestnet Portfolio Solutions Inc. grew its stake in Invesco S&P 500 Equal Weight ETF by 1,276.7% during the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 758,169 shares of the company’s stock valued at $124,552,000 after purchasing an additional 703,098 shares in the last quarter. Finally, Westwood Holdings Group Inc. increased its holdings in Invesco S&P 500 Equal Weight ETF by 347.9% during the 1st quarter. Westwood Holdings Group Inc. now owns 871,278 shares of the company’s stock worth $147,568,000 after purchasing an additional 676,761 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Up 0.6 %

Shares of RSP opened at $173.35 on Friday. Invesco S&P 500 Equal Weight ETF has a 52-week low of $133.34 and a 52-week high of $175.96. The firm has a market cap of $58.06 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90. The business’s 50 day moving average is $169.81 and its two-hundred day moving average is $166.47.

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).