14B Captial Management LP Makes New Investment in Invesco S&P 500 Equal Weight ETF $RSP

14B Captial Management LP acquired a new position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 12,000 shares of the company’s stock, valued at approximately $2,299,000. Invesco S&P 500 Equal Weight ETF accounts for approximately 1.8% of 14B Captial Management LP’s portfolio, making the stock its 12th biggest holding.

Other institutional investors have also recently bought and sold shares of the company. Morgan Stanley lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 7.9% during the 4th quarter. Morgan Stanley now owns 31,346,217 shares of the company’s stock valued at $6,004,682,000 after buying an additional 2,285,526 shares during the last quarter. Varma Mutual Pension Insurance Co acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 4th quarter valued at about $327,184,000. Clal Insurance Enterprises Holdings Ltd acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 4th quarter valued at about $306,496,000. BW Gestao de Investimentos Ltda. acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 4th quarter valued at about $287,168,000. Finally, State of Wisconsin Investment Board lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 14.3% during the 4th quarter. State of Wisconsin Investment Board now owns 8,485,519 shares of the company’s stock valued at $1,625,486,000 after buying an additional 1,060,181 shares during 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 $208.99 on Thursday. The firm has a market cap of $90.16 billion, a price-to-earnings 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 $214.30. The stock has a 50-day simple moving average of $204.48 and a 200-day simple moving average of $199.28.

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.