Park Place Capital Corp Has $15.04 Million Position in Invesco S&P 500 Equal Weight ETF $RSP

Park Place Capital Corp lifted its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 6.1% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 78,504 shares of the company’s stock after purchasing an additional 4,515 shares during the period. Invesco S&P 500 Equal Weight ETF comprises 3.1% of Park Place Capital Corp’s holdings, making the stock its 7th biggest position. Park Place Capital Corp’s holdings in Invesco S&P 500 Equal Weight ETF were worth $15,038,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Brighton Jones LLC raised its stake in Invesco S&P 500 Equal Weight ETF by 3.4% in the fourth quarter. Brighton Jones LLC now owns 7,516 shares of the company’s stock worth $1,317,000 after buying an additional 246 shares in the last quarter. Heck Capital Advisors LLC bought a new stake in Invesco S&P 500 Equal Weight ETF during the 4th quarter valued at $83,931,000. Bison Wealth LLC boosted its position in Invesco S&P 500 Equal Weight ETF by 25.8% during the 4th quarter. Bison Wealth LLC now owns 20,957 shares of the company’s stock valued at $3,672,000 after acquiring an additional 4,295 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC purchased a new position in shares of Invesco S&P 500 Equal Weight ETF in the 1st quarter valued at $11,553,000. Finally, Franklin Resources Inc. raised its position in shares of Invesco S&P 500 Equal Weight ETF by 5.9% in the 2nd quarter. Franklin Resources Inc. now owns 87,633 shares of the company’s stock worth $15,926,000 after acquiring an additional 4,855 shares in the last quarter. 61.18% of the stock is currently owned by institutional investors.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of NYSEARCA RSP opened at $191.69 on Tuesday. The stock has a market capitalization of $79.49 billion, a P/E ratio of 20.10 and a beta of 0.99. Invesco S&P 500 Equal Weight ETF has a 1-year low of $150.35 and a 1-year high of $205.24. The business has a fifty day moving average price of $199.50 and a 200 day moving average price of $193.42.

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). The Index utilizes quarterly rebalancing to maintain its equal-weight stance. Under normal circumstances, the Fund will invest at least 90% of its net assets, plus any borrowing for investment purposes, in the equity securities (and derivatives thereof) included in the Index.