Arkos Global Advisors increased its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) by 14.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 32,958 shares of the company’s stock after acquiring an additional 4,152 shares during the quarter. Invesco S&P 500 Equal Weight ETF comprises 0.8% of Arkos Global Advisors’ holdings, making the stock its 23rd biggest position. Arkos Global Advisors’ holdings in Invesco S&P 500 Equal Weight ETF were worth $6,314,000 at the end of the most recent reporting period.
Several other large investors also recently bought and sold shares of the stock. Morgan Stanley grew its position in Invesco S&P 500 Equal Weight ETF by 7.9% during the 4th quarter. Morgan Stanley now owns 31,346,217 shares of the company’s stock worth $6,004,682,000 after purchasing an additional 2,285,526 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its position in Invesco S&P 500 Equal Weight ETF by 3.8% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 26,252,217 shares of the company’s stock worth $5,028,875,000 after purchasing an additional 959,176 shares during the last quarter. LPL Financial LLC grew its position in Invesco S&P 500 Equal Weight ETF by 7.1% during the 4th quarter. LPL Financial LLC now owns 5,486,948 shares of the company’s stock worth $1,051,080,000 after purchasing an additional 362,412 shares during the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS grew its position in 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 purchasing an additional 9,309 shares during the last quarter. Finally, Cerity Partners LLC grew its position in Invesco S&P 500 Equal Weight ETF by 11.8% during the 4th quarter. Cerity Partners LLC now owns 1,963,478 shares of the company’s stock worth $376,124,000 after purchasing an additional 207,096 shares during the last quarter. Hedge funds and other institutional investors own 61.18% of the company’s stock.
Invesco S&P 500 Equal Weight ETF Trading Up 0.9%
NYSEARCA:RSP opened at $211.65 on Friday. The company has a market cap of $91.31 billion, a PE ratio of 20.10 and a beta of 0.91. Invesco S&P 500 Equal Weight ETF has a twelve month low of $175.98 and a twelve month high of $212.12. The company’s 50 day moving average is $203.40 and its two-hundred day moving average is $198.74.
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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