MML Investors Services LLC Boosts Holdings in Invesco S&P 500 Equal Weight ETF $RSP

MML Investors Services LLC grew its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 6.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 484,997 shares of the company’s stock after buying an additional 27,978 shares during the period. MML Investors Services LLC owned 0.12% of Invesco S&P 500 Equal Weight ETF worth $92,906,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in the company. Morgan Stanley grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 7.9% in the 4th quarter. Morgan Stanley now owns 31,346,217 shares of the company’s stock valued at $6,004,682,000 after buying an additional 2,285,526 shares during the period. Northwestern Mutual Wealth Management Co. grew its stake 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 grew its stake 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 grew its stake 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. Finally, Healthcare of Ontario Pension Plan Trust Fund grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 13.1% in the 4th quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 2,460,000 shares of the company’s stock valued at $471,238,000 after buying an additional 285,000 shares during the period. Hedge funds and other institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Price Performance

Invesco S&P 500 Equal Weight ETF stock opened at $211.65 on Monday. The firm has a 50 day simple moving average of $203.40 and a 200-day simple moving average of $198.83. Invesco S&P 500 Equal Weight ETF has a 1-year low of $175.98 and a 1-year high of $212.12. The stock has a market cap of $91.31 billion, a price-to-earnings 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.