VMS Asset Management Limited Buys 89,090 Shares of Invesco S&P 500 Equal Weight ETF $RSP

VMS Asset Management Limited purchased a new position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 89,090 shares of the company’s stock, valued at approximately $18,533,000. Invesco S&P 500 Equal Weight ETF makes up about 7.2% of VMS Asset Management Limited’s portfolio, making the stock its 4th biggest holding.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in RSP. Venture Visionary Partners LLC increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 1.6% in the third quarter. Venture Visionary Partners LLC now owns 384,586 shares of the company’s stock valued at $80,002,000 after purchasing an additional 5,887 shares during the last quarter. Rhodes Investment Advisors Inc. ADV bought a new position in shares of Invesco S&P 500 Equal Weight ETF in the third quarter valued at about $794,000. NewEdge Advisors LLC lifted its stake in shares of Invesco S&P 500 Equal Weight ETF by 16.9% during the 2nd quarter. NewEdge Advisors LLC now owns 528,103 shares of the company’s stock worth $112,364,000 after buying an additional 76,324 shares during the last quarter. Marino Stram & Associates LLC lifted its stake in shares of Invesco S&P 500 Equal Weight ETF by 9.0% during the 1st quarter. Marino Stram & Associates LLC now owns 29,979 shares of the company’s stock worth $5,754,000 after buying an additional 2,465 shares during the last quarter. Finally, Birmingham Capital Management Co. Inc. AL acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 2nd quarter worth about $638,000. 61.18% of the stock is owned by institutional investors.

Invesco S&P 500 Equal Weight ETF Stock Down 0.6%

Invesco S&P 500 Equal Weight ETF stock opened at $212.09 on Thursday. The company’s 50-day moving average price is $216.01 and its two-hundred day moving average price is $210.16. The stock has a market cap of $97.35 billion, a P/E ratio of 20.10 and a beta of 0.92. Invesco S&P 500 Equal Weight ETF has a twelve month low of $182.11 and a twelve month high of $223.43.

Invesco S&P 500 Equal Weight ETF 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.