4,006 Invesco S&P 500 Equal Weight ETF $RSP Shares Bought by Worth Asset Management LLC

Worth Asset Management LLC increased its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 45.3% during the third quarter, HoldingsChannel.com reports. The fund owned 12,857 shares of the company’s stock after acquiring an additional 4,006 shares during the period. Invesco S&P 500 Equal Weight ETF makes up approximately 0.8% of Worth Asset Management LLC’s holdings, making the stock its 23rd largest holding. Worth Asset Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $2,675,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. Vise Technologies Inc. increased its stake in Invesco S&P 500 Equal Weight ETF by 144.2% in the 4th quarter. Vise Technologies Inc. now owns 5,051 shares of the company’s stock worth $968,000 after acquiring an additional 2,983 shares during the last quarter. Pettyjohn Wood & White Inc. boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 14.9% during the 4th quarter. Pettyjohn Wood & White Inc. now owns 30,320 shares of the company’s stock valued at $5,808,000 after acquiring an additional 3,939 shares during the last quarter. Prism Advisors Inc. increased its position in shares of Invesco S&P 500 Equal Weight ETF by 10.6% in the first quarter. Prism Advisors Inc. now owns 59,379 shares of the company’s stock worth $11,396,000 after purchasing an additional 5,683 shares during the last quarter. Marino Stram & Associates LLC raised its stake in Invesco S&P 500 Equal Weight ETF by 9.0% in the first quarter. Marino Stram & Associates LLC now owns 29,979 shares of the company’s stock valued at $5,754,000 after purchasing an additional 2,465 shares in the last quarter. Finally, NewEdge Advisors LLC raised its stake in Invesco S&P 500 Equal Weight ETF by 16.9% in the second quarter. NewEdge Advisors LLC now owns 528,103 shares of the company’s stock valued at $112,364,000 after purchasing an additional 76,324 shares in the last quarter. 61.18% of the stock is currently owned by hedge funds and other institutional investors.

Invesco S&P 500 Equal Weight ETF Stock Performance

Invesco S&P 500 Equal Weight ETF stock traded down $1.21 during mid-day trading on Wednesday, hitting $211.12. 4,264,055 shares of the company traded hands, compared to its average volume of 12,077,889. Invesco S&P 500 Equal Weight ETF has a one year low of $182.11 and a one year high of $223.43. The stock has a market cap of $96.08 billion, a price-to-earnings ratio of 20.10 and a beta of 0.92. The stock has a fifty day moving average price of $216.59 and a 200-day moving average price of $209.30.

About Invesco S&P 500 Equal Weight ETF

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.