Mariner LLC raised its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) by 3.4% in the fourth quarter, HoldingsChannel reports. The fund owned 425,884 shares of the company’s stock after acquiring an additional 14,067 shares during the period. Mariner LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $81,582,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other institutional investors also recently made changes to their positions in RSP. Morgan Stanley boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 7.9% during the fourth quarter. Morgan Stanley now owns 31,346,217 shares of the company’s stock worth $6,004,682,000 after acquiring an additional 2,285,526 shares during the period. Varma Mutual Pension Insurance Co bought a new stake in shares of Invesco S&P 500 Equal Weight ETF during the fourth quarter worth approximately $327,184,000. Clal Insurance Enterprises Holdings Ltd acquired a new position in shares of Invesco S&P 500 Equal Weight ETF during the 4th quarter worth approximately $306,496,000. BW Gestao de Investimentos Ltda. acquired a new position in shares of Invesco S&P 500 Equal Weight ETF during the 4th quarter worth approximately $287,168,000. Finally, Northwestern Mutual Wealth Management Co. grew its position in shares of Invesco S&P 500 Equal Weight ETF by 3.8% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 26,252,217 shares of the company’s stock worth $5,028,875,000 after purchasing an additional 959,176 shares in the last quarter. Institutional investors own 61.18% of the company’s stock.
Invesco S&P 500 Equal Weight ETF Trading Up 0.6%
NYSEARCA RSP opened at $212.88 on Tuesday. The company has a market cap of $91.84 billion, a price-to-earnings ratio of 20.10 and a beta of 0.91. The company has a 50 day moving average of $203.79 and a 200-day moving average of $198.99. Invesco S&P 500 Equal Weight ETF has a 1-year low of $175.98 and a 1-year high of $214.29.
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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Want to see what other hedge funds are holding RSP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report).
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