One Day In July LLC Has $51.33 Million Stock Position in Invesco S&P 500 Equal Weight ETF $RSP

One Day In July LLC raised its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 16.9% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 270,574 shares of the company’s stock after acquiring an additional 39,040 shares during the quarter. Invesco S&P 500 Equal Weight ETF accounts for 4.3% of One Day In July LLC’s holdings, making the stock its 8th largest position. One Day In July LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $51,328,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in RSP. Brighton Jones LLC grew its position in Invesco S&P 500 Equal Weight ETF by 3.4% during the fourth 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 bought a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 4th quarter worth approximately $83,931,000. Bison Wealth LLC grew its holdings in shares of Invesco S&P 500 Equal Weight ETF by 25.8% during the 4th quarter. Bison Wealth LLC now owns 20,957 shares of the company’s stock worth $3,672,000 after purchasing an additional 4,295 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC bought a new stake in shares of Invesco S&P 500 Equal Weight ETF during the first quarter valued at approximately $11,553,000. Finally, Rhumbline Advisers increased its position in shares of Invesco S&P 500 Equal Weight ETF by 6.1% during the first quarter. Rhumbline Advisers now owns 15,236 shares of the company’s stock valued at $2,639,000 after purchasing an additional 873 shares during the period. 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 $197.78 on Wednesday. The firm has a market capitalization of $78.78 billion, a price-to-earnings ratio of 20.10 and a beta of 0.99. Invesco S&P 500 Equal Weight ETF has a one year low of $150.35 and a one year high of $198.40. The business has a fifty day simple moving average of $191.26 and a 200 day simple moving average of $188.56.

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.