Measured Wealth Private Client Group LLC Invests $30.60 Million in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Measured Wealth Private Client Group LLC acquired a new position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) in the 3rd quarter, according to its most recent 13F filing with the SEC. The fund acquired 170,790 shares of the company’s stock, valued at approximately $30,599,000. Invesco S&P 500 Equal Weight ETF comprises about 10.2% of Measured Wealth Private Client Group LLC’s investment portfolio, making the stock its largest holding. Measured Wealth Private Client Group LLC owned 0.05% of Invesco S&P 500 Equal Weight ETF as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. lifted its position in Invesco S&P 500 Equal Weight ETF by 855.5% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 20,539,639 shares of the company’s stock worth $3,379,816,000 after buying an additional 18,390,083 shares during the period. JPMorgan Chase & Co. grew its holdings 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 raised 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 during the period. LPL Financial LLC raised its position in Invesco S&P 500 Equal Weight ETF by 0.9% in the second quarter. LPL Financial LLC now owns 3,736,455 shares of the company’s stock valued at $613,825,000 after purchasing 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% in 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 Stock Performance

RSP stock opened at $177.98 on Thursday. The stock has a 50-day simple moving average of $176.90 and a 200-day simple moving average of $169.57. The firm has a market cap of $59.61 billion, a P/E ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a 1 year low of $134.50 and a 1 year high of $182.22.

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).