Invesco S&P 500 Equal Weight ETF $RSP is Berkshire Money Management Inc.’s 5th Largest Position

Berkshire Money Management Inc. boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 2.4% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 306,432 shares of the company’s stock after acquiring an additional 7,324 shares during the period. Invesco S&P 500 Equal Weight ETF comprises about 6.0% of Berkshire Money Management Inc.’s portfolio, making the stock its 5th largest position. Berkshire Money Management Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $58,810,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in RSP. NBZ Investment Advisors LLC purchased a new position in shares of Invesco S&P 500 Equal Weight ETF in the 3rd quarter valued at $26,000. Dorato Capital Management purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 4th quarter worth $26,000. Aviso Financial Inc. purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 3rd quarter worth $28,000. Nalls Sherbakoff Group LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 4th quarter worth $29,000. Finally, Hurley Capital LLC boosted its position 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 valued at $34,000 after purchasing an additional 118 shares in the last quarter. Hedge funds and other institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Price Performance

RSP opened at $211.75 on Friday. The business’s 50-day moving average is $205.99 and its two-hundred day moving average is $200.08. Invesco S&P 500 Equal Weight ETF has a 1 year low of $179.35 and a 1 year high of $214.30. The firm has a market capitalization of $91.35 billion, a PE 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.