Waycross Investment Management Co lifted its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) by 11.0% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 30,858 shares of the company’s stock after purchasing an additional 3,047 shares during the quarter. Invesco S&P 500 Equal Weight ETF accounts for approximately 3.8% of Waycross Investment Management Co’s portfolio, making the stock its 7th largest holding. Waycross Investment Management Co’s holdings in Invesco S&P 500 Equal Weight ETF were worth $6,566,000 at the end of the most recent reporting period.
Other large investors have also recently made changes to their positions in the company. Banta Asset Management LP purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at approximately $1,654,000. Allen Investment Management LLC grew its stake in Invesco S&P 500 Equal Weight ETF by 32.8% in the 4th quarter. Allen Investment Management LLC now owns 142,450 shares of the company’s stock valued at $27,286,000 after acquiring an additional 35,220 shares during the period. Vise Technologies Inc. increased its holdings in Invesco S&P 500 Equal Weight ETF by 144.2% in the 4th quarter. Vise Technologies Inc. now owns 5,051 shares of the company’s stock worth $968,000 after acquiring an additional 2,983 shares in the last quarter. CBIZ Investment Advisory Services LLC raised its position in Invesco S&P 500 Equal Weight ETF by 20.4% during the fourth quarter. CBIZ Investment Advisory Services LLC now owns 257,030 shares of the company’s stock worth $49,137,000 after acquiring an additional 43,580 shares during the period. Finally, Pettyjohn Wood & White Inc. grew its position in shares of Invesco S&P 500 Equal Weight ETF by 14.9% in the fourth quarter. Pettyjohn Wood & White Inc. now owns 30,320 shares of the company’s stock valued at $5,808,000 after purchasing an additional 3,939 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 Up 0.5%
RSP stock opened at $218.60 on Thursday. The stock has a market capitalization of $98.79 billion, a P/E ratio of 20.10 and a beta of 0.91. The firm has a 50-day simple moving average of $216.87 and a 200-day simple moving average of $207.17. Invesco S&P 500 Equal Weight ETF has a 52 week low of $182.11 and a 52 week high of $223.43.
Invesco S&P 500 Equal Weight ETF 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.
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