Invesco S&P 500 Equal Weight ETF $RSP Position Lifted by Pettyjohn Wood & White Inc.

Pettyjohn Wood & White Inc. lifted its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 14.9% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 30,320 shares of the company’s stock after buying an additional 3,939 shares during the quarter. Pettyjohn Wood & White Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $5,808,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of the business. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 3.8% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 26,252,217 shares of the company’s stock valued at $5,028,875,000 after buying an additional 959,176 shares during the period. LPL Financial LLC boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 7.1% in the 4th quarter. LPL Financial LLC now owns 5,486,948 shares of the company’s stock valued at $1,051,080,000 after buying an additional 362,412 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 0.3% in the 4th quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 3,579,650 shares of the company’s stock valued at $685,718,000 after buying an additional 9,309 shares during the period. Cerity Partners LLC boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 11.8% in the 4th quarter. Cerity Partners LLC now owns 1,963,478 shares of the company’s stock valued at $376,124,000 after buying an additional 207,096 shares during the period. Finally, Varma Mutual Pension Insurance Co acquired a new position in shares of Invesco S&P 500 Equal Weight ETF in the 4th quarter valued at about $327,184,000. 61.18% of the stock is owned by institutional investors and hedge funds.

Invesco S&P 500 Equal Weight ETF Stock Performance

NYSEARCA RSP opened at $207.61 on Tuesday. Invesco S&P 500 Equal Weight ETF has a one year low of $175.98 and a one year high of $210.95. The company has a 50-day simple moving average of $201.87 and a 200-day simple moving average of $198.13. The firm has a market capitalization of $89.57 billion, a PE ratio of 20.10 and a beta of 0.91.

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.