Invesco S&P 500 Equal Weight ETF $RSP Shares Purchased by Kopp Family Office LLC

Kopp Family Office LLC boosted its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 35.2% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 107,516 shares of the company’s stock after acquiring an additional 28,011 shares during the period. Invesco S&P 500 Equal Weight ETF makes up approximately 13.1% of Kopp Family Office LLC’s portfolio, making the stock its 2nd largest position. Kopp Family Office LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $20,596,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the stock. NBZ Investment Advisors LLC purchased a new position in Invesco S&P 500 Equal Weight ETF during the third quarter worth $26,000. Aviso Financial Inc. purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF in the third quarter valued at $28,000. Investment Counsel Co. of Nevada purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF in the second quarter valued at $29,000. Tompkins Financial Corp acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF during the third quarter valued at $32,000. Finally, IMA Advisory Services Inc. acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF during the third quarter valued at $33,000. Institutional investors and hedge funds own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Trading Up 0.5%

Invesco S&P 500 Equal Weight ETF stock opened at $192.85 on Thursday. The stock has a 50-day moving average price of $199.27 and a 200 day moving average price of $193.44. Invesco S&P 500 Equal Weight ETF has a 52 week low of $150.35 and a 52 week high of $205.24. The stock has a market cap of $79.97 billion, a PE ratio of 20.10 and a beta of 0.99.

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.