SlateStone Wealth LLC Purchases 292 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

SlateStone Wealth LLC raised its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 4.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 6,902 shares of the company’s stock after buying an additional 292 shares during the quarter. SlateStone Wealth LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $1,089,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in RSP. Morgan Stanley raised its holdings in shares of Invesco S&P 500 Equal Weight ETF by 12.8% in the 3rd quarter. Morgan Stanley now owns 18,941,150 shares of the company’s stock valued at $2,683,772,000 after acquiring an additional 2,153,993 shares in the last quarter. Bank of New York Mellon Corp raised its holdings in shares of Invesco S&P 500 Equal Weight ETF by 70.7% in the 3rd quarter. Bank of New York Mellon Corp now owns 3,732,901 shares of the company’s stock valued at $528,915,000 after acquiring an additional 1,545,894 shares in the last quarter. Chai Trust Co. LLC raised its holdings in shares of Invesco S&P 500 Equal Weight ETF by 926.0% in the 3rd quarter. Chai Trust Co. LLC now owns 1,705,786 shares of the company’s stock valued at $241,693,000 after acquiring an additional 1,539,527 shares in the last quarter. Ameriprise Financial Inc. raised its holdings in shares of Invesco S&P 500 Equal Weight ETF by 53.1% in the 3rd quarter. Ameriprise Financial Inc. now owns 3,120,094 shares of the company’s stock valued at $449,410,000 after acquiring an additional 1,082,620 shares in the last quarter. Finally, International Assets Investment Management LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 4th quarter valued at about $165,805,000.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of NYSEARCA:RSP traded up $1.65 on Tuesday, hitting $162.68. The company’s stock had a trading volume of 2,506,464 shares, compared to its average volume of 6,607,367. The company has a 50-day simple moving average of $163.85 and a 200 day simple moving average of $154.63. Invesco S&P 500 Equal Weight ETF has a 1 year low of $133.34 and a 1 year high of $169.80. The company has a market capitalization of $55.24 billion, a PE ratio of 20.43 and a beta of 0.93.

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).