Wilian Securities LLC Makes New $1.98 Million Investment in Invesco S&P 500 Equal Weight ETF $RSP

Wilian Securities LLC purchased a new position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) during the 4th quarter, Holdings Channel reports. The fund purchased 10,338 shares of the company’s stock, valued at approximately $1,980,000. Invesco S&P 500 Equal Weight ETF comprises 2.1% of Wilian Securities LLC’s holdings, making the stock its 12th largest holding.

Several other institutional investors and hedge funds have also recently modified their holdings of RSP. Varma Mutual Pension Insurance Co bought a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 4th quarter valued at $327,184,000. Axxcess Wealth Management LLC raised its position in shares of Invesco S&P 500 Equal Weight ETF by 5,593.7% during the 4th quarter. Axxcess Wealth Management LLC now owns 972,762 shares of the company’s stock valued at $186,343,000 after purchasing an additional 955,677 shares during the period. Northwestern Mutual Wealth Management Co. raised its position in shares of Invesco S&P 500 Equal Weight ETF by 2.6% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 25,293,041 shares of the company’s stock valued at $4,798,090,000 after purchasing an additional 635,369 shares during the period. AlphaCore Capital LLC raised its position in shares of Invesco S&P 500 Equal Weight ETF by 622.2% during the 4th quarter. AlphaCore Capital LLC now owns 593,537 shares of the company’s stock valued at $113,698,000 after purchasing an additional 511,351 shares during the period. Finally, Endurance Services Ltd bought a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 3rd quarter valued at $96,962,000. 61.18% of the stock is currently owned by institutional investors.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of RSP stock opened at $204.71 on Friday. The company has a market capitalization of $88.31 billion, a price-to-earnings ratio of 20.10 and a beta of 0.92. Invesco S&P 500 Equal Weight ETF has a one year low of $173.00 and a one year high of $205.53. The company’s fifty day moving average price is $198.26 and its 200-day moving average price is $196.36.

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.