Invesco S&P 500 Equal Weight ETF $RSP Shares Purchased by Erste Asset Management GmbH

Erste Asset Management GmbH boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 127.0% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 683,360 shares of the company’s stock after buying an additional 382,300 shares during the period. Invesco S&P 500 Equal Weight ETF accounts for 1.1% of Erste Asset Management GmbH’s investment portfolio, making the stock its 20th largest holding. Erste Asset Management GmbH’s holdings in Invesco S&P 500 Equal Weight ETF were worth $130,904,000 at the end of the most recent quarter.

A number of other hedge funds also recently added to or reduced their stakes in the business. O Shaughnessy Asset Management LLC lifted its holdings in Invesco S&P 500 Equal Weight ETF by 6.0% during the 4th quarter. O Shaughnessy Asset Management LLC now owns 25,372 shares of the company’s stock worth $4,860,000 after buying an additional 1,447 shares in the last quarter. Hilton Head Capital Partners LLC acquired a new stake in Invesco S&P 500 Equal Weight ETF during the 4th quarter worth approximately $126,000. Endeavor Private Wealth Inc. lifted its holdings in Invesco S&P 500 Equal Weight ETF by 12.1% during the 4th quarter. Endeavor Private Wealth Inc. now owns 4,664 shares of the company’s stock worth $893,000 after buying an additional 503 shares in the last quarter. Palladiem LLC acquired a new stake in Invesco S&P 500 Equal Weight ETF during the 4th quarter worth approximately $358,000. Finally, Bcwm LLC raised its holdings in shares of Invesco S&P 500 Equal Weight ETF by 14.9% in the 4th quarter. Bcwm LLC now owns 45,445 shares of the company’s stock valued at $8,705,000 after purchasing an additional 5,891 shares in the last quarter. 61.18% of the stock is currently owned by institutional investors and hedge funds.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of RSP opened at $207.83 on Monday. Invesco S&P 500 Equal Weight ETF has a twelve month low of $175.98 and a twelve month high of $210.95. The firm’s fifty day simple moving average is $201.54 and its 200-day simple moving average is $197.97. The firm has a market capitalization of $89.66 billion, a price-to-earnings ratio of 20.10 and a beta of 0.91.

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.