Invesco S&P 500 Equal Weight ETF $RSP Shares Acquired by Manning & Napier Advisors LLC

Manning & Napier Advisors LLC lifted its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 2.1% in the third quarter, Holdings Channel reports. The firm owned 127,623 shares of the company’s stock after buying an additional 2,594 shares during the period. Manning & Napier Advisors LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $24,210,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. WealthPLAN Partners LLC boosted its holdings in Invesco S&P 500 Equal Weight ETF by 2.2% in the 3rd quarter. WealthPLAN Partners LLC now owns 13,846 shares of the company’s stock worth $2,627,000 after buying an additional 300 shares during the last quarter. WESPAC Advisors LLC raised its holdings in shares of Invesco S&P 500 Equal Weight ETF by 45.0% during the third quarter. WESPAC Advisors LLC now owns 13,285 shares of the company’s stock valued at $2,520,000 after acquiring an additional 4,122 shares during the last quarter. Kera Capital Partners Inc. lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 2.2% in the third quarter. Kera Capital Partners Inc. now owns 149,078 shares of the company’s stock valued at $28,280,000 after acquiring an additional 3,209 shares in the last quarter. GWN Securities Inc. boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 15.3% in the third quarter. GWN Securities Inc. now owns 24,792 shares of the company’s stock worth $4,711,000 after acquiring an additional 3,290 shares during the last quarter. Finally, Exencial Wealth Advisors LLC increased its position in shares of Invesco S&P 500 Equal Weight ETF by 15.0% during the third quarter. Exencial Wealth Advisors LLC now owns 338,889 shares of the company’s stock worth $64,287,000 after purchasing an additional 44,269 shares in the last quarter. 61.18% of the stock is owned by hedge funds and other institutional investors.

Invesco S&P 500 Equal Weight ETF Stock Performance

NYSEARCA RSP opened at $197.78 on Wednesday. The business has a fifty day moving average price of $191.26 and a 200 day moving average price of $188.56. The company has a market cap of $78.78 billion, a P/E 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.

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.