Invesco S&P 500 Equal Weight ETF $RSP Shares Bought by Meitav Investment House Ltd.

Meitav Investment House Ltd. raised its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 210.5% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 153,807 shares of the company’s stock after purchasing an additional 104,264 shares during the period. Meitav Investment House Ltd.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $29,518,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. Brighton Jones LLC grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 3.4% during the fourth quarter. Brighton Jones LLC now owns 7,516 shares of the company’s stock worth $1,317,000 after purchasing an additional 246 shares in the last quarter. Heck Capital Advisors LLC acquired a new stake in Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at $83,931,000. Bison Wealth LLC raised its stake in Invesco S&P 500 Equal Weight ETF by 25.8% in the fourth quarter. Bison Wealth LLC now owns 20,957 shares of the company’s stock valued at $3,672,000 after buying an additional 4,295 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC purchased a new stake in Invesco S&P 500 Equal Weight ETF during the 1st quarter worth about $11,553,000. Finally, Gamco Investors INC. ET AL purchased a new stake in Invesco S&P 500 Equal Weight ETF during the 2nd quarter worth about $279,000. 61.18% of the stock is currently owned by institutional investors and hedge funds.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of NYSEARCA:RSP traded down $0.06 on Tuesday, hitting $214.94. 3,376,405 shares of the company’s stock were exchanged, compared to its average volume of 14,555,501. The firm’s 50-day moving average is $207.59 and its 200 day moving average is $201.10. The company has a market capitalization of $94.79 billion, a PE ratio of 20.10 and a beta of 0.91. Invesco S&P 500 Equal Weight ETF has a 1-year low of $179.94 and a 1-year high of $216.37.

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.