IHT Wealth Management LLC Increases Position in Invesco S&P 500 Equal Weight ETF $RSP

IHT Wealth Management LLC lifted its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 4.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 60,872 shares of the company’s stock after purchasing an additional 2,407 shares during the period. IHT Wealth Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $11,667,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently bought and sold shares of RSP. Morgan Stanley increased its stake in 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 worth $6,004,682,000 after buying an additional 2,285,526 shares in the last quarter. Varma Mutual Pension Insurance Co purchased a new stake in Invesco S&P 500 Equal Weight ETF during the 4th quarter worth approximately $327,184,000. Clal Insurance Enterprises Holdings Ltd purchased a new stake in Invesco S&P 500 Equal Weight ETF during the 4th quarter worth approximately $306,496,000. BW Gestao de Investimentos Ltda. purchased a new stake in Invesco S&P 500 Equal Weight ETF during the 4th quarter worth approximately $287,168,000. Finally, State of Wisconsin Investment Board increased its stake in 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 worth $1,625,486,000 after buying an additional 1,060,181 shares in the last quarter. 61.18% of the stock is currently owned by hedge funds and other institutional investors.

Invesco S&P 500 Equal Weight ETF Trading Down 1.5%

NYSEARCA:RSP opened at $208.99 on Thursday. Invesco S&P 500 Equal Weight ETF has a 12 month low of $175.98 and a 12 month high of $214.30. The stock has a 50 day moving average of $204.48 and a two-hundred day moving average of $199.28. The firm has a market cap of $90.16 billion, a P/E ratio of 20.10 and a beta of 0.91.

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.