Invst LLC Takes Position in Invesco S&P 500 Equal Weight ETF $RSP

Invst LLC bought a new stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 2,869 shares of the company’s stock, valued at approximately $550,000.

Other institutional investors have also recently modified their holdings of the company. Brookstone Capital Management increased its position in shares of Invesco S&P 500 Equal Weight ETF by 2.5% during the fourth quarter. Brookstone Capital Management now owns 269,874 shares of the company’s stock worth $51,697,000 after purchasing an additional 6,481 shares in the last quarter. Roman Butler Fullerton & Co. increased its position in shares of Invesco S&P 500 Equal Weight ETF by 67.0% during the third quarter. Roman Butler Fullerton & Co. now owns 10,862 shares of the company’s stock worth $2,046,000 after purchasing an additional 4,358 shares in the last quarter. Banta Asset Management LP purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF during the fourth quarter worth approximately $1,654,000. Allen Investment Management LLC increased its position in shares of Invesco S&P 500 Equal Weight ETF by 32.8% during the fourth quarter. Allen Investment Management LLC now owns 142,450 shares of the company’s stock worth $27,286,000 after purchasing an additional 35,220 shares in the last quarter. Finally, Empirical Asset Management LLC lifted its stake in Invesco S&P 500 Equal Weight ETF by 417.0% in the 3rd quarter. Empirical Asset Management LLC now owns 11,544 shares of the company’s stock worth $2,190,000 after purchasing an additional 9,311 shares in the last quarter. 61.18% of the stock is currently owned by institutional investors and hedge funds.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of Invesco S&P 500 Equal Weight ETF stock opened at $207.83 on Friday. The stock has a market cap of $89.66 billion, a P/E ratio of 20.10 and a beta of 0.91. The stock’s 50 day simple moving average is $201.54 and its 200-day simple moving average is $197.88. Invesco S&P 500 Equal Weight ETF has a 1-year low of $175.98 and a 1-year high of $210.95.

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.