Common Fund For Nonprofit Organizations boosted its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) by 37.8% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 221,847 shares of the company’s stock after purchasing an additional 60,832 shares during the period. Invesco S&P 500 Equal Weight ETF comprises approximately 3.6% of Common Fund For Nonprofit Organizations’ holdings, making the stock its 5th largest position. Common Fund For Nonprofit Organizations’ holdings in Invesco S&P 500 Equal Weight ETF were worth $42,084,000 at the end of the most recent quarter.
A number of other institutional investors have also recently modified their holdings of RSP. Brighton Jones LLC grew its position in Invesco S&P 500 Equal Weight ETF by 3.4% during the fourth quarter. Brighton Jones LLC now owns 7,516 shares of the company’s stock worth $1,317,000 after buying an additional 246 shares during the period. Heck Capital Advisors LLC acquired a new stake in Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at $83,931,000. Bison Wealth LLC grew its holdings in Invesco S&P 500 Equal Weight ETF by 25.8% in the fourth quarter. Bison Wealth LLC now owns 20,957 shares of the company’s stock valued at $3,672,000 after purchasing an additional 4,295 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC purchased a new position in shares of Invesco S&P 500 Equal Weight ETF in the first quarter valued at $11,553,000. Finally, Vise Technologies Inc. acquired a new stake in Invesco S&P 500 Equal Weight ETF in the 2nd quarter valued at about $369,000. 61.18% of the stock is currently owned by hedge funds and other institutional investors.
Invesco S&P 500 Equal Weight ETF Trading Down 0.0%
NYSEARCA:RSP opened at $193.52 on Friday. The company has a market capitalization of $80.25 billion, a P/E ratio of 20.10 and a beta of 0.99. The firm has a 50-day moving average price of $199.87 and a two-hundred day moving average price of $193.17. Invesco S&P 500 Equal Weight ETF has a twelve month low of $150.35 and a twelve month high of $205.24.
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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