Sigma Planning Corp Has $11.36 Million Stock Position in Invesco S&P 500 Equal Weight ETF $RSP

Sigma Planning Corp lifted its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 6.1% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 59,204 shares of the company’s stock after purchasing an additional 3,398 shares during the quarter. Sigma Planning Corp’s holdings in Invesco S&P 500 Equal Weight ETF were worth $11,362,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. Morgan Stanley raised 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 during the period. Varma Mutual Pension Insurance Co bought a new position in Invesco S&P 500 Equal Weight ETF in the fourth quarter worth approximately $327,184,000. Clal Insurance Enterprises Holdings Ltd acquired a new stake in Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at approximately $306,496,000. BW Gestao de Investimentos Ltda. acquired a new stake in Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at approximately $287,168,000. Finally, State of Wisconsin Investment Board raised its position in shares of Invesco S&P 500 Equal Weight ETF by 14.3% during the fourth quarter. State of Wisconsin Investment Board now owns 8,485,519 shares of the company’s stock worth $1,625,486,000 after purchasing an additional 1,060,181 shares during the period. 61.18% of the stock is currently owned by institutional investors and hedge funds.

Invesco S&P 500 Equal Weight ETF Stock Down 0.4%

Shares of RSP opened at $213.45 on Wednesday. Invesco S&P 500 Equal Weight ETF has a 12-month low of $179.94 and a 12-month high of $216.37. The business’s fifty day moving average is $209.00 and its 200 day moving average is $201.98. The stock has a market cap of $95.86 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.