Invesco S&P 500 Equal Weight ETF $RSP is Hennion & Walsh Asset Management Inc.’s 8th Largest Position

Hennion & Walsh Asset Management Inc. boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 5.6% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 180,480 shares of the company’s stock after buying an additional 9,651 shares during the quarter. Invesco S&P 500 Equal Weight ETF accounts for about 1.2% of Hennion & Walsh Asset Management Inc.’s portfolio, making the stock its 8th largest holding. Hennion & Walsh Asset Management Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $34,573,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. North Peak Capital Management LLC increased its stake 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 worth $249,735,000 after acquiring an additional 2,453,262 shares during the period. Corient Private Wealth LLC lifted its position in Invesco S&P 500 Equal Weight ETF by 303.3% during the second quarter. Corient Private Wealth LLC now owns 1,015,653 shares of the company’s stock valued at $184,495,000 after purchasing an additional 763,825 shares during the period. Northwestern Mutual Wealth Management Co. lifted its position 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 valued at $4,798,090,000 after purchasing an additional 635,369 shares during the period. Endurance Services Ltd purchased a new stake in Invesco S&P 500 Equal Weight ETF in the third quarter valued at $96,962,000. Finally, Schusterman Interests LLC boosted its holdings in Invesco S&P 500 Equal Weight ETF by 420.8% in the third quarter. Schusterman Interests LLC now owns 625,000 shares of the company’s stock valued at $118,562,000 after purchasing an additional 505,000 shares during the last quarter. 61.18% of the stock is currently owned by institutional investors and hedge funds.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of RSP opened at $188.46 on Monday. The business’s 50-day moving average is $198.88 and its two-hundred day moving average is $193.51. The company has a market capitalization of $78.15 billion, a P/E ratio of 20.10 and a beta of 0.99. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $150.35 and a fifty-two week high of $205.24.

Invesco S&P 500 Equal Weight ETF Company 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.