Invesco S&P 500 Equal Weight ETF $RSP Stake Lifted by Walker Financial Services Inc.

Walker Financial Services Inc. boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 50.5% during the 4th quarter, HoldingsChannel reports. The firm owned 62,368 shares of the company’s stock after purchasing an additional 20,919 shares during the period. Invesco S&P 500 Equal Weight ETF accounts for approximately 4.3% of Walker Financial Services Inc.’s investment portfolio, making the stock its 10th biggest holding. Walker Financial Services Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $11,947,000 as of its most recent filing with the SEC.

Several other hedge funds also recently made changes to their positions in the company. Northwestern Mutual Wealth Management Co. lifted its stake 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 worth $4,798,090,000 after acquiring an additional 635,369 shares during the period. Phoenix Financial Ltd. lifted its stake in shares of Invesco S&P 500 Equal Weight ETF by 13.8% in the 3rd quarter. Phoenix Financial Ltd. now owns 1,768,432 shares of the company’s stock worth $335,472,000 after acquiring an additional 214,432 shares during the period. Cerity Partners LLC lifted its stake in shares of Invesco S&P 500 Equal Weight ETF by 3.2% in the 3rd quarter. Cerity Partners LLC now owns 1,756,382 shares of the company’s stock worth $333,186,000 after acquiring an additional 54,925 shares during the period. Focus Partners Wealth lifted its stake in shares of Invesco S&P 500 Equal Weight ETF by 13.2% in the 3rd quarter. Focus Partners Wealth now owns 1,297,134 shares of the company’s stock worth $245,646,000 after acquiring an additional 150,899 shares during the period. Finally, Trust Co of Tennessee lifted its stake in shares of Invesco S&P 500 Equal Weight ETF by 8.5% in the 3rd quarter. Trust Co of Tennessee now owns 778,774 shares of the company’s stock worth $147,731,000 after acquiring an additional 61,157 shares during the period. Institutional investors and hedge funds own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Stock Performance

RSP stock opened at $202.55 on Wednesday. Invesco S&P 500 Equal Weight ETF has a one year low of $160.93 and a one year high of $205.24. The stock has a market capitalization of $88.68 billion, a PE ratio of 20.10 and a beta of 0.94. The company has a fifty day moving average of $198.02 and a 200-day moving average of $194.44.

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.