Invesco S&P 500 Equal Weight ETF $RSP Shares Acquired by Focus Partners Wealth

Focus Partners Wealth grew its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 44.5% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 1,874,285 shares of the company’s stock after purchasing an additional 577,151 shares during the period. Focus Partners Wealth’s holdings in Invesco S&P 500 Equal Weight ETF were worth $359,036,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of the stock. Brookstone Capital Management increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 2.5% in the 4th quarter. Brookstone Capital Management now owns 269,874 shares of the company’s stock valued at $51,697,000 after purchasing an additional 6,481 shares in the last quarter. Banta Asset Management LP purchased a new position in shares of Invesco S&P 500 Equal Weight ETF in the 4th quarter valued at about $1,654,000. Allen Investment Management LLC increased its holdings in Invesco S&P 500 Equal Weight ETF by 32.8% during the 4th quarter. Allen Investment Management LLC now owns 142,450 shares of the company’s stock valued at $27,286,000 after acquiring an additional 35,220 shares in the last quarter. Empirical Asset Management LLC increased its holdings in Invesco S&P 500 Equal Weight ETF by 417.0% during the 3rd quarter. Empirical Asset Management LLC now owns 11,544 shares of the company’s stock valued at $2,190,000 after acquiring an additional 9,311 shares in the last quarter. Finally, Ballast Inc. increased its holdings in Invesco S&P 500 Equal Weight ETF by 3.5% during the 3rd quarter. Ballast Inc. now owns 91,721 shares of the company’s stock valued at $17,399,000 after acquiring an additional 3,118 shares in the last quarter. Institutional investors and hedge funds own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Trading Up 0.9%

NYSEARCA:RSP 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 twelve month low of $175.98 and a twelve month high of $212.12. The firm has a 50-day moving average price of $203.40 and a two-hundred day moving average price of $198.74.

Invesco S&P 500 Equal Weight ETF 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.