WealthBridge Capital Management LLC Raises Holdings in Invesco S&P 500 Equal Weight ETF $RSP

WealthBridge Capital Management LLC boosted its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 2.6% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 113,487 shares of the company’s stock after purchasing an additional 2,859 shares during the quarter. Invesco S&P 500 Equal Weight ETF comprises about 5.0% of WealthBridge Capital Management LLC’s portfolio, making the stock its 2nd biggest position. WealthBridge Capital Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $21,780,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the business. Morgan Stanley lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 7.9% in 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 period. Varma Mutual Pension Insurance Co bought a new position in shares of Invesco S&P 500 Equal Weight ETF during the fourth quarter valued at approximately $327,184,000. Clal Insurance Enterprises Holdings Ltd purchased a new position in Invesco S&P 500 Equal Weight ETF during the fourth quarter valued at approximately $306,496,000. BW Gestao de Investimentos Ltda. purchased a new position in Invesco S&P 500 Equal Weight ETF during the fourth quarter valued at approximately $287,168,000. Finally, State of Wisconsin Investment Board raised its stake in Invesco S&P 500 Equal Weight ETF by 14.3% in the fourth quarter. State of Wisconsin Investment Board now owns 8,485,519 shares of the company’s stock worth $1,625,486,000 after buying an additional 1,060,181 shares in the last quarter. Hedge funds and other institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Stock Down 0.3%

Invesco S&P 500 Equal Weight ETF stock opened at $208.89 on Wednesday. The business has a fifty day moving average of $205.52 and a two-hundred day moving average of $199.80. The firm has a market cap of $90.12 billion, a P/E ratio of 20.10 and a beta of 0.91. Invesco S&P 500 Equal Weight ETF has a twelve month low of $178.60 and a twelve month high of $214.30.

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.