Invesco S&P 500 Equal Weight ETF $RSP Stake Lifted by Rainier Family Wealth Inc.

Rainier Family Wealth Inc. lifted its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 93.6% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 8,124 shares of the company’s stock after acquiring an additional 3,927 shares during the quarter. Rainier Family Wealth Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $1,559,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. NBZ Investment Advisors LLC bought a new position in Invesco S&P 500 Equal Weight ETF during the 3rd quarter valued at $26,000. Dorato Capital Management acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at $26,000. Aviso Financial Inc. acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF in the third quarter valued at $28,000. Nalls Sherbakoff Group LLC bought a new position in Invesco S&P 500 Equal Weight ETF during the fourth quarter valued at about $29,000. Finally, Hurley Capital LLC grew its holdings in Invesco S&P 500 Equal Weight ETF by 200.0% during the fourth quarter. Hurley Capital LLC now owns 177 shares of the company’s stock worth $34,000 after acquiring an additional 118 shares during the period. Institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Trading Down 0.2%

Shares of Invesco S&P 500 Equal Weight ETF stock opened at $209.61 on Tuesday. 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 market cap of $90.43 billion, a PE ratio of 20.10 and a beta of 0.91. The company’s 50-day moving average price is $205.28 and its two-hundred day moving average price is $199.68.

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.