TPG Advisors LLC Has $3.11 Million Stock Position in Invesco S&P 500 Equal Weight ETF $RSP

TPG Advisors LLC boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 22.9% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 16,204 shares of the company’s stock after purchasing an additional 3,023 shares during the period. Invesco S&P 500 Equal Weight ETF comprises approximately 1.9% of TPG Advisors LLC’s investment portfolio, making the stock its 14th biggest position. TPG Advisors LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $3,110,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Brighton Jones LLC raised its holdings in shares of Invesco S&P 500 Equal Weight ETF by 3.4% during the 4th quarter. Brighton Jones LLC now owns 7,516 shares of the company’s stock worth $1,317,000 after buying an additional 246 shares in the last quarter. Heck Capital Advisors LLC acquired a new stake in Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at about $83,931,000. Bison Wealth LLC grew its position in Invesco S&P 500 Equal Weight ETF by 25.8% in the fourth quarter. Bison Wealth LLC now owns 20,957 shares of the company’s stock valued at $3,672,000 after acquiring an additional 4,295 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC bought a new position in Invesco S&P 500 Equal Weight ETF in the first quarter valued at about $11,553,000. Finally, Gamco Investors INC. ET AL bought a new position in Invesco S&P 500 Equal Weight ETF in the second quarter valued at about $279,000. Institutional investors and hedge funds own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of NYSEARCA RSP opened at $210.31 on Monday. The company has a market cap of $90.73 billion, a price-to-earnings ratio of 20.10 and a beta of 0.91. Invesco S&P 500 Equal Weight ETF has a 12 month low of $179.94 and a 12 month high of $214.30. The stock has a 50-day moving average price of $206.21 and a two-hundred day moving average price of $200.21.

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.