MKP Capital Management L.L.C. acquired a new stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 522,000 shares of the company’s stock, valued at approximately $99,994,000. Invesco S&P 500 Equal Weight ETF makes up about 3.6% of MKP Capital Management L.L.C.’s portfolio, making the stock its 2nd largest position. MKP Capital Management L.L.C. owned 0.13% of Invesco S&P 500 Equal Weight ETF as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other large investors also recently bought and sold shares of RSP. Brookstone Capital Management boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 2.5% during the fourth quarter. Brookstone Capital Management now owns 269,874 shares of the company’s stock worth $51,697,000 after buying an additional 6,481 shares during the period. Roman Butler Fullerton & Co. boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 67.0% during the third quarter. Roman Butler Fullerton & Co. now owns 10,862 shares of the company’s stock worth $2,046,000 after buying an additional 4,358 shares during the period. Banta Asset Management LP acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF during the fourth quarter worth about $1,654,000. Caprock Group LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF during the third quarter worth about $4,966,000. Finally, Empirical Asset Management LLC boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 417.0% during the third quarter. Empirical Asset Management LLC now owns 11,544 shares of the company’s stock worth $2,190,000 after buying an additional 9,311 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 RSP opened at $209.21 on Tuesday. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $174.27 and a fifty-two week high of $209.77. The company has a market capitalization of $90.26 billion, a price-to-earnings ratio of 20.10 and a beta of 0.92. The firm has a 50-day simple moving average of $200.12 and a 200-day simple moving average of $197.36.
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.
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