Invesco S&P 500 Equal Weight ETF $RSP Shares Acquired by Factorial Partners LLC

Factorial Partners LLC lifted its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 782.6% during the fourth quarter, Holdings Channel reports. The firm owned 20,300 shares of the company’s stock after buying an additional 18,000 shares during the period. Invesco S&P 500 Equal Weight ETF comprises about 2.6% of Factorial Partners LLC’s holdings, making the stock its 12th largest position. Factorial Partners LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $3,889,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Brookstone Capital Management grew its holdings in Invesco S&P 500 Equal Weight ETF by 2.5% in the 4th 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 in the last quarter. Roman Butler Fullerton & Co. grew its holdings in Invesco S&P 500 Equal Weight ETF by 67.0% in the 3rd 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 in the last quarter. Banta Asset Management LP bought a new position in Invesco S&P 500 Equal Weight ETF in the 4th quarter worth approximately $1,654,000. Caprock Group LLC bought a new position in Invesco S&P 500 Equal Weight ETF in the 3rd quarter worth approximately $4,966,000. Finally, Empirical Asset Management LLC grew its holdings in Invesco S&P 500 Equal Weight ETF by 417.0% in the 3rd 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 in the last quarter. 61.18% of the stock is currently owned by institutional investors and hedge funds.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of RSP stock opened at $209.21 on Tuesday. Invesco S&P 500 Equal Weight ETF has a 12-month low of $174.27 and a 12-month high of $209.77. The firm has a market capitalization of $90.26 billion, a price-to-earnings ratio of 20.10 and a beta of 0.92. The business 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.