Invesco S&P 500 Equal Weight ETF $RSP is FSA Investment Group LLC’s 2nd Largest Position

FSA Investment Group LLC raised its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 15.3% in the 4th quarter, HoldingsChannel.com reports. The fund owned 207,763 shares of the company’s stock after purchasing an additional 27,635 shares during the period. Invesco S&P 500 Equal Weight ETF comprises 24.3% of FSA Investment Group LLC’s portfolio, making the stock its 2nd largest holding. FSA Investment Group LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $39,799,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently made changes to their positions in the company. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 2.6% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 25,293,041 shares of the company’s stock valued at $4,798,090,000 after purchasing an additional 635,369 shares during the last quarter. Phoenix Financial Ltd. grew its stake in Invesco S&P 500 Equal Weight ETF by 13.8% during the 3rd quarter. Phoenix Financial Ltd. now owns 1,768,432 shares of the company’s stock worth $335,472,000 after buying an additional 214,432 shares during the last quarter. Cerity Partners LLC grew its stake in Invesco S&P 500 Equal Weight ETF by 3.2% during the 3rd quarter. Cerity Partners LLC now owns 1,756,382 shares of the company’s stock worth $333,186,000 after buying an additional 54,925 shares during the last quarter. North Peak Capital Management LLC increased its position in Invesco S&P 500 Equal Weight ETF by 227.3% during the second quarter. North Peak Capital Management LLC now owns 1,374,131 shares of the company’s stock worth $249,735,000 after buying an additional 2,453,262 shares during the period. Finally, Lbmc Investment Advisors LLC increased its position in Invesco S&P 500 Equal Weight ETF by 0.5% during the third quarter. Lbmc Investment Advisors LLC now owns 1,336,510 shares of the company’s stock worth $253,536,000 after buying an additional 6,770 shares during the period. Hedge funds and other institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Trading Down 0.9%

Shares of NYSEARCA RSP opened at $191.08 on Friday. The stock has a market cap of $79.24 billion, a P/E ratio of 20.10 and a beta of 0.99. Invesco S&P 500 Equal Weight ETF has a twelve month low of $150.35 and a twelve month high of $205.24. The stock has a 50 day moving average of $199.10 and a two-hundred day moving average of $193.42.

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.