6,523 Shares in Invesco S&P 500 Equal Weight ETF $RSP Acquired by PAX Financial Group LLC

PAX Financial Group LLC bought a new position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) during the 1st quarter, according to its most recent filing with the SEC. The institutional investor bought 6,523 shares of the company’s stock, valued at approximately $1,252,000.

Several other large investors have also recently bought and sold shares of the company. Morgan Stanley raised its position in shares of 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 buying an additional 2,285,526 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its position in Invesco S&P 500 Equal Weight ETF by 3.8% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 26,252,217 shares of the company’s stock worth $5,028,875,000 after buying an additional 959,176 shares in the last quarter. Invesco Ltd. grew its position in Invesco S&P 500 Equal Weight ETF by 4.6% during the fourth quarter. Invesco Ltd. now owns 10,144,784 shares of the company’s stock worth $1,943,335,000 after buying an additional 444,846 shares in the last quarter. State of Wisconsin Investment Board increased its stake in 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 acquiring an additional 1,060,181 shares during the last quarter. Finally, LPL Financial LLC increased its stake in Invesco S&P 500 Equal Weight ETF by 7.1% in the 4th quarter. LPL Financial LLC now owns 5,486,948 shares of the company’s stock worth $1,051,080,000 after acquiring an additional 362,412 shares during the last quarter. 61.18% of the stock is owned by institutional investors.

Invesco S&P 500 Equal Weight ETF Price Performance

NYSEARCA:RSP opened at $214.91 on Friday. The business’s 50-day moving average price is $207.33 and its two-hundred day moving average price is $200.89. Invesco S&P 500 Equal Weight ETF has a twelve month low of $179.94 and a twelve month high of $215.61. The stock has a market cap of $93.84 billion, a P/E ratio of 20.10 and a beta of 0.91.

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.