Madison Asset Management LLC Acquires Shares of 4,477 Invesco S&P 500 Equal Weight ETF $RSP

Madison Asset Management LLC acquired a new stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 4,477 shares of the company’s stock, valued at approximately $858,000.

Other institutional investors have also recently bought and sold shares of the company. Dorato Capital Management bought a new position in Invesco S&P 500 Equal Weight ETF in the 4th quarter valued at $26,000. NBZ Investment Advisors LLC bought a new position in shares of Invesco S&P 500 Equal Weight ETF during the 3rd quarter worth $26,000. Aviso Financial Inc. bought a new position in shares of Invesco S&P 500 Equal Weight ETF during the 3rd quarter worth $28,000. IMA Advisory Services Inc. bought a new position in shares of Invesco S&P 500 Equal Weight ETF during the 3rd quarter worth $33,000. Finally, Cloud Capital Management LLC bought a new position in shares of Invesco S&P 500 Equal Weight ETF during the 3rd quarter worth $35,000. Institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Stock Performance

RSP stock opened at $203.66 on Friday. The company has a market capitalization of $87.86 billion, a price-to-earnings ratio of 20.10 and a beta of 0.92. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $173.00 and a fifty-two week high of $205.53. The stock has a fifty day moving average of $197.92 and a 200-day moving average of $195.88.

About Invesco S&P 500 Equal Weight ETF

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.