Naman Capital Ltda lessened its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) by 13.0% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 427,975 shares of the company’s stock after selling 63,724 shares during the period. Invesco S&P 500 Equal Weight ETF accounts for 23.1% of Naman Capital Ltda’s holdings, making the stock its 2nd biggest holding. Naman Capital Ltda owned about 0.10% of Invesco S&P 500 Equal Weight ETF worth $81,983,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also bought and sold shares of the company. Morgan Stanley boosted its holdings in Invesco S&P 500 Equal Weight ETF by 7.9% in the fourth quarter. Morgan Stanley now owns 31,346,217 shares of the company’s stock worth $6,004,682,000 after acquiring an additional 2,285,526 shares in the last quarter. Varma Mutual Pension Insurance Co acquired a new position in shares of Invesco S&P 500 Equal Weight ETF during the fourth quarter worth approximately $327,184,000. Clal Insurance Enterprises Holdings Ltd acquired a new position in shares of Invesco S&P 500 Equal Weight ETF during the fourth quarter worth approximately $306,496,000. BW Gestao de Investimentos Ltda. acquired a new position in shares of Invesco S&P 500 Equal Weight ETF during the fourth quarter worth approximately $287,168,000. Finally, State of Wisconsin Investment Board lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 14.3% in the 4th quarter. State of Wisconsin Investment Board now owns 8,485,519 shares of the company’s stock worth $1,625,486,000 after purchasing an additional 1,060,181 shares in the last quarter. Institutional investors and hedge funds own 61.18% of the company’s stock.
Invesco S&P 500 Equal Weight ETF Trading Up 0.5%
Invesco S&P 500 Equal Weight ETF stock opened at $209.96 on Friday. Invesco S&P 500 Equal Weight ETF has a 1-year low of $175.98 and a 1-year high of $214.30. The firm has a market capitalization of $90.58 billion, a price-to-earnings ratio of 20.10 and a beta of 0.91. The firm’s fifty day moving average price is $204.81 and its two-hundred day moving average price is $199.40.
About Invesco S&P 500 Equal Weight ETF
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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