Madison Asset Management LLC Buys 4,222 Shares of Invesco S&P 500 Equal Weight ETF $RSP

Madison Asset Management LLC grew its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 94.3% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 8,699 shares of the company’s stock after acquiring an additional 4,222 shares during the quarter. Madison Asset Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $1,670,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in RSP. Morgan Stanley grew 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 buying an additional 2,285,526 shares during the last quarter. Varma Mutual Pension Insurance Co acquired a new stake in Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at approximately $327,184,000. Clal Insurance Enterprises Holdings Ltd acquired a new stake in Invesco S&P 500 Equal Weight ETF in 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 in the fourth quarter worth $287,168,000. Finally, State of Wisconsin Investment Board grew its holdings 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 purchasing an additional 1,060,181 shares during the last quarter. 61.18% of the stock is currently owned by hedge funds and other institutional investors.

Invesco S&P 500 Equal Weight ETF Trading Down 0.0%

Shares of RSP stock opened at $212.70 on Thursday. The business’s fifty day simple moving average is $210.12 and its 200-day simple moving average is $202.84. The company has a market cap of $95.66 billion, a PE ratio of 20.10 and a beta of 0.91. Invesco S&P 500 Equal Weight ETF has a 12-month low of $179.94 and a 12-month high of $216.37.

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.