Paulson Wealth Management Inc. increased its investment in the Invesco S&P 500 Equal Weight ETF (NYSEARCA: RSP) by 148.7% in the third quarter. According to the latest 13F filing with the Securities and Exchange Commission, the firm acquired an additional 7,600 shares, bringing its total holdings to 12,700 shares.
This adjustment reflects a notable change in Paulson Wealth Management’s portfolio allocation as reported in the recent quarter.
**Why this matters**
Changes in holdings by investment firms can indicate their outlook on specific sectors or market trends. The substantial increase in shares of the Invesco S&P 500 Equal Weight ETF suggests Paulson Wealth Management may see potential value or growth opportunities in this diversified ETF.