SSI Investment Management LLC Makes New Investment in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

SSI Investment Management LLC purchased a new position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSPFree Report) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 36,809 shares of the company’s stock, valued at approximately $5,808,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in RSP. Morgan Stanley raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 12.8% in the third quarter. Morgan Stanley now owns 18,941,150 shares of the company’s stock valued at $2,683,772,000 after acquiring an additional 2,153,993 shares during the last quarter. Chai Trust Co. LLC raised its position in Invesco S&P 500 Equal Weight ETF by 926.0% in the 3rd quarter. Chai Trust Co. LLC now owns 1,705,786 shares of the company’s stock worth $241,693,000 after purchasing an additional 1,539,527 shares during the last quarter. Ameriprise Financial Inc. raised its position in Invesco S&P 500 Equal Weight ETF by 53.1% in the 3rd quarter. Ameriprise Financial Inc. now owns 3,120,094 shares of the company’s stock worth $449,410,000 after purchasing an additional 1,082,620 shares during the last quarter. International Assets Investment Management LLC acquired a new stake in Invesco S&P 500 Equal Weight ETF during the 4th quarter worth $165,805,000. Finally, UBS Group AG grew its holdings in Invesco S&P 500 Equal Weight ETF by 17.4% during the 3rd quarter. UBS Group AG now owns 5,948,672 shares of the company’s stock worth $842,867,000 after acquiring an additional 880,506 shares during the period.

Invesco S&P 500 Equal Weight ETF Stock Performance

RSP traded up $0.25 during trading on Friday, reaching $168.04. 3,461,460 shares of the company’s stock were exchanged, compared to its average volume of 6,346,246. The company’s fifty day moving average price is $164.77 and its 200-day moving average price is $157.92. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $133.34 and a fifty-two week high of $169.80. The firm has a market capitalization of $56.28 billion, a PE ratio of 20.44 and a beta of 0.90.

Invesco S&P 500 Equal Weight ETF Profile

(Free Report)

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).

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Institutional Ownership by Quarter for Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

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