Lido Advisors LLC Increases Position in Invesco S&P 500 Equal Weight ETF $RSP

Lido Advisors LLC increased its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 5.2% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 137,049 shares of the company’s stock after acquiring an additional 6,794 shares during the quarter. Lido Advisors LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $25,999,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Brighton Jones LLC raised its holdings in Invesco S&P 500 Equal Weight ETF by 3.4% in the 4th quarter. Brighton Jones LLC now owns 7,516 shares of the company’s stock valued at $1,317,000 after acquiring an additional 246 shares during the last quarter. Heck Capital Advisors LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF during the fourth quarter worth $83,931,000. Bison Wealth LLC boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 25.8% during the fourth quarter. Bison Wealth LLC now owns 20,957 shares of the company’s stock worth $3,672,000 after purchasing an additional 4,295 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF in the first quarter valued at $11,553,000. Finally, Empower Advisory Group LLC grew its position in shares of Invesco S&P 500 Equal Weight ETF by 52.2% in the second quarter. Empower Advisory Group LLC now owns 2,267 shares of the company’s stock valued at $412,000 after purchasing an additional 778 shares during the period. 61.18% of the stock is owned by hedge funds and other institutional investors.

Invesco S&P 500 Equal Weight ETF Trading Up 0.7%

NYSEARCA RSP opened at $194.96 on Tuesday. The business’s 50-day moving average price is $199.87 and its 200 day moving average price is $193.24. Invesco S&P 500 Equal Weight ETF has a twelve month low of $150.35 and a twelve month high of $205.24. The company has a market capitalization of $80.85 billion, a PE ratio of 20.10 and a beta of 0.99.

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.