Montis Financial LLC Acquires 9,863 Shares of Invesco S&P 500 Equal Weight ETF $RSP

Montis Financial LLC grew its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 7.7% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 137,600 shares of the company’s stock after purchasing an additional 9,863 shares during the period. Invesco S&P 500 Equal Weight ETF accounts for 5.2% of Montis Financial LLC’s portfolio, making the stock its 6th biggest position. Montis Financial LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $26,359,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the company. Cerity Partners LLC grew its position in shares of Invesco S&P 500 Equal Weight ETF by 11.8% during the fourth quarter. Cerity Partners LLC now owns 1,963,478 shares of the company’s stock worth $376,124,000 after acquiring an additional 207,096 shares during the last quarter. Next Capital Management LLC grew its position in shares of Invesco S&P 500 Equal Weight ETF by 5.6% during the fourth quarter. Next Capital Management LLC now owns 1,705 shares of the company’s stock worth $327,000 after acquiring an additional 91 shares during the last quarter. LPL Financial LLC grew its position in shares of Invesco S&P 500 Equal Weight ETF by 7.1% during the fourth quarter. LPL Financial LLC now owns 5,486,948 shares of the company’s stock worth $1,051,080,000 after acquiring an additional 362,412 shares during the last quarter. Franklin Resources Inc. grew its position in shares of Invesco S&P 500 Equal Weight ETF by 3.3% during the fourth quarter. Franklin Resources Inc. now owns 102,144 shares of the company’s stock worth $19,567,000 after acquiring an additional 3,265 shares during the last quarter. Finally, Erste Asset Management GmbH grew its position in shares of Invesco S&P 500 Equal Weight ETF by 127.0% during the fourth quarter. Erste Asset Management GmbH now owns 683,360 shares of the company’s stock worth $130,904,000 after acquiring an additional 382,300 shares during the last quarter. Institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Stock Performance

Invesco S&P 500 Equal Weight ETF stock opened at $207.61 on Tuesday. 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 P/E ratio of 20.10 and a beta of 0.91. Invesco S&P 500 Equal Weight ETF has a one year low of $175.98 and a one year high of $210.95.

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.