Healthcare of Ontario Pension Plan Trust Fund grew its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) by 13.1% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 2,460,000 shares of the company’s stock after acquiring an additional 285,000 shares during the quarter. Invesco S&P 500 Equal Weight ETF accounts for about 0.8% of Healthcare of Ontario Pension Plan Trust Fund’s holdings, making the stock its 25th largest position. Healthcare of Ontario Pension Plan Trust Fund’s holdings in Invesco S&P 500 Equal Weight ETF were worth $471,238,000 at the end of the most recent reporting period.
Other hedge funds also recently modified their holdings of the company. Dorato Capital Management bought a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 4th quarter worth approximately $26,000. NBZ Investment Advisors LLC bought a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 3rd quarter worth approximately $26,000. Aviso Financial Inc. bought a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 3rd quarter worth approximately $28,000. IMA Advisory Services Inc. bought a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 3rd quarter worth approximately $33,000. Finally, Goodman Advisory Group LLC bought a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 3rd quarter worth approximately $35,000. Institutional investors own 61.18% of the company’s stock.
Invesco S&P 500 Equal Weight ETF Trading Up 0.9%
Shares of RSP stock opened at $211.65 on Friday. The company has a market capitalization of $91.31 billion, a P/E ratio of 20.10 and a beta of 0.91. Invesco S&P 500 Equal Weight ETF has a 12 month low of $175.98 and a 12 month high of $212.12. The stock has a 50 day moving average of $203.40 and a two-hundred day moving average of $198.74.
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.
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