Montis Financial LLC Has $26.36 Million Stock Position in Invesco S&P 500 Equal Weight ETF $RSP

Montis Financial LLC boosted its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 7.7% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 137,600 shares of the company’s stock after buying an additional 9,863 shares during the period. Invesco S&P 500 Equal Weight ETF accounts for 5.2% of Montis Financial LLC’s portfolio, making the stock its 6th biggest holding. Montis Financial LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $26,359,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently bought and sold shares of RSP. NBZ Investment Advisors LLC bought a new position in Invesco S&P 500 Equal Weight ETF in the 3rd quarter valued at about $26,000. Dorato Capital Management bought a new position in Invesco S&P 500 Equal Weight ETF in the 4th quarter valued at about $26,000. Aviso Financial Inc. bought a new position in Invesco S&P 500 Equal Weight ETF in the 3rd quarter valued at about $28,000. IMA Advisory Services Inc. bought a new position in Invesco S&P 500 Equal Weight ETF in the 3rd quarter valued at about $33,000. Finally, Goodman Advisory Group LLC bought a new position in Invesco S&P 500 Equal Weight ETF in the 3rd quarter valued at about $35,000. Institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Stock Down 0.1%

Shares of RSP opened at $207.61 on Tuesday. The firm has a 50-day moving average price of $201.87 and a 200 day moving average price of $198.13. The firm has a market capitalization of $89.57 billion, a PE ratio of 20.10 and a beta of 0.91. Invesco S&P 500 Equal Weight ETF has a 52-week low of $175.98 and a 52-week high of $210.95.

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.