Invesco S&P 500 Equal Weight ETF $RSP Holdings Increased by Wealthfront Advisers LLC

Wealthfront Advisers LLC boosted its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 15.7% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 31,185 shares of the company’s stock after purchasing an additional 4,233 shares during the period. Wealthfront Advisers LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $5,985,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Dorato Capital Management bought a new position in Invesco S&P 500 Equal Weight ETF during the fourth quarter valued at about $26,000. Nalls Sherbakoff Group LLC bought a new stake in Invesco S&P 500 Equal Weight ETF in the fourth quarter worth about $29,000. Hurley Capital LLC lifted its holdings in Invesco S&P 500 Equal Weight ETF by 200.0% in the 4th quarter. Hurley Capital LLC now owns 177 shares of the company’s stock valued at $34,000 after acquiring an additional 118 shares during the last quarter. Basepoint Wealth LLC bought a new position in shares of Invesco S&P 500 Equal Weight ETF during the 4th quarter valued at about $40,000. Finally, Raleigh Capital Management Inc. bought a new position in shares of Invesco S&P 500 Equal Weight ETF during the 1st quarter valued at about $42,000. 61.18% of the stock is currently owned by institutional investors and hedge funds.

Invesco S&P 500 Equal Weight ETF Price Performance

NYSEARCA RSP opened at $213.37 on Friday. Invesco S&P 500 Equal Weight ETF has a 12 month low of $179.94 and a 12 month high of $216.37. The company has a market capitalization of $95.81 billion, a P/E ratio of 20.10 and a beta of 0.91. The company’s 50 day simple moving average is $209.58 and its 200 day simple moving average is $202.35.

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.