Invesco S&P 500 Equal Weight ETF $RSP Shares Bought by Riversedge Advisors LLC

Riversedge Advisors LLC lifted its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 10.8% during the 4th quarter, Holdings Channel.com reports. The fund owned 151,988 shares of the company’s stock after buying an additional 14,804 shares during the period. Invesco S&P 500 Equal Weight ETF makes up 4.7% of Riversedge Advisors LLC’s holdings, making the stock its 5th largest holding. Riversedge Advisors LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $29,115,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also modified their holdings of the company. Northwestern Mutual Wealth Management Co. raised its holdings in Invesco S&P 500 Equal Weight ETF by 2.6% during the third quarter. Northwestern Mutual Wealth Management Co. now owns 25,293,041 shares of the company’s stock worth $4,798,090,000 after purchasing an additional 635,369 shares during the last quarter. JPMorgan Chase & Co. boosted its position in Invesco S&P 500 Equal Weight ETF by 11.7% during the second quarter. JPMorgan Chase & Co. now owns 5,646,560 shares of the company’s stock worth $1,026,206,000 after purchasing an additional 589,365 shares in the last quarter. Phoenix Financial Ltd. grew its holdings in Invesco S&P 500 Equal Weight ETF by 13.8% in the third quarter. Phoenix Financial Ltd. now owns 1,768,432 shares of the company’s stock valued at $335,472,000 after purchasing an additional 214,432 shares during the last quarter. Cerity Partners LLC grew its holdings in Invesco S&P 500 Equal Weight ETF by 3.2% in the third quarter. Cerity Partners LLC now owns 1,756,382 shares of the company’s stock valued at $333,186,000 after purchasing an additional 54,925 shares during the last quarter. Finally, North Peak Capital Management LLC increased its position in shares of Invesco S&P 500 Equal Weight ETF by 227.3% in the second quarter. North Peak Capital Management LLC now owns 1,374,131 shares of the company’s stock valued at $249,735,000 after buying an additional 2,453,262 shares in the last quarter. Institutional investors and hedge funds own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Stock Down 1.5%

NYSEARCA:RSP opened at $190.48 on Friday. The company has a market capitalization of $78.99 billion, a PE ratio of 20.10 and a beta of 0.99. Invesco S&P 500 Equal Weight ETF has a 52-week low of $150.35 and a 52-week high of $205.24. The stock has a fifty day simple moving average of $199.62 and a 200-day simple moving average of $193.31.

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.