Sfmg LLC lifted its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) by 120.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 4,444 shares of the company’s stock after buying an additional 2,425 shares during the period. Sfmg LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $851,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also made changes to their positions in the company. Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 0.3% during the 4th quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 3,579,650 shares of the company’s stock worth $685,718,000 after buying an additional 9,309 shares during the last quarter. Welch & Forbes LLC increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 12.7% during the 4th quarter. Welch & Forbes LLC now owns 1,749 shares of the company’s stock worth $335,000 after buying an additional 197 shares during the last quarter. Viawealth LLC increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 1.8% during the 4th quarter. Viawealth LLC now owns 20,765 shares of the company’s stock worth $3,978,000 after buying an additional 364 shares during the last quarter. Cherry Tree Wealth Management LLC increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 8.1% during the 4th quarter. Cherry Tree Wealth Management LLC now owns 33,003 shares of the company’s stock worth $6,322,000 after buying an additional 2,476 shares during the last quarter. Finally, Mycio Wealth Partners LLC increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 55.7% during the 4th quarter. Mycio Wealth Partners LLC now owns 6,290 shares of the company’s stock worth $1,205,000 after buying an additional 2,250 shares during the last quarter. 61.18% of the stock is currently owned by institutional investors and hedge funds.
Invesco S&P 500 Equal Weight ETF Stock Up 0.3%
RSP stock opened at $208.83 on Friday. The company has a market cap of $90.09 billion, a price-to-earnings ratio of 20.10 and a beta of 0.92. The business has a fifty day simple moving average of $199.81 and a 200-day simple moving average of $197.16. Invesco S&P 500 Equal Weight ETF has a 52 week low of $174.27 and a 52 week high of $209.32.
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.
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