Montag A & Associates Inc. Has $28.49 Million Holdings in Invesco S&P 500 Equal Weight ETF $RSP

Montag A & Associates Inc. decreased its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 3.6% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 148,712 shares of the company’s stock after selling 5,586 shares during the quarter. Invesco S&P 500 Equal Weight ETF makes up about 1.3% of Montag A & Associates Inc.’s investment portfolio, making the stock its 11th biggest holding. Montag A & Associates Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $28,487,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in RSP. Northwestern Mutual Wealth Management Co. boosted its holdings in Invesco S&P 500 Equal Weight ETF by 2.6% during the third quarter. Northwestern Mutual Wealth Management Co. now owns 25,293,041 shares of the company’s stock worth $4,798,090,000 after purchasing an additional 635,369 shares during the last quarter. Endurance Services Ltd acquired a new position in Invesco S&P 500 Equal Weight ETF during the third quarter worth $96,962,000. Schusterman Interests LLC boosted its holdings in Invesco S&P 500 Equal Weight ETF by 420.8% during the third quarter. Schusterman Interests LLC now owns 625,000 shares of the company’s stock worth $118,562,000 after purchasing an additional 505,000 shares during the last quarter. Heck Capital Advisors LLC acquired a new position in Invesco S&P 500 Equal Weight ETF during the fourth quarter worth $83,931,000. Finally, CIBC Bancorp USA Inc. acquired a new position in Invesco S&P 500 Equal Weight ETF during the third quarter worth $72,022,000. Institutional investors and hedge funds own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Trading Down 0.3%

Shares of RSP opened at $202.82 on Friday. Invesco S&P 500 Equal Weight ETF has a 12 month low of $169.48 and a 12 month high of $205.24. The firm has a fifty day simple moving average of $197.91 and a 200 day simple moving average of $195.03. The stock has a market capitalization of $87.50 billion, a price-to-earnings ratio of 20.10 and a beta of 0.92.

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.