Invesco S&P 500 Equal Weight ETF $RSP Shares Acquired by QRG Capital Management Inc.

QRG Capital Management Inc. lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 241.9% during the first quarter, according to its most recent disclosure with the SEC. The fund owned 6,685 shares of the company’s stock after acquiring an additional 4,730 shares during the period. QRG Capital Management Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $1,283,000 at the end of the most recent quarter.

Several other hedge funds have also recently modified their holdings of RSP. Morgan Stanley raised its holdings in shares of Invesco S&P 500 Equal Weight ETF by 7.9% in the fourth quarter. Morgan Stanley now owns 31,346,217 shares of the company’s stock worth $6,004,682,000 after buying an additional 2,285,526 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its position in shares of Invesco S&P 500 Equal Weight ETF by 3.8% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 26,252,217 shares of the company’s stock valued at $5,028,875,000 after acquiring an additional 959,176 shares during the period. Invesco Ltd. increased its position in shares of Invesco S&P 500 Equal Weight ETF by 4.6% in the 4th quarter. Invesco Ltd. now owns 10,144,784 shares of the company’s stock valued at $1,943,335,000 after acquiring an additional 444,846 shares during the period. State of Wisconsin Investment Board raised its stake in Invesco S&P 500 Equal Weight ETF by 14.3% in the 4th quarter. State of Wisconsin Investment Board now owns 8,485,519 shares of the company’s stock worth $1,625,486,000 after acquiring an additional 1,060,181 shares during the last quarter. Finally, LPL Financial LLC raised its stake in Invesco S&P 500 Equal Weight ETF by 7.1% in the 4th quarter. LPL Financial LLC now owns 5,486,948 shares of the company’s stock worth $1,051,080,000 after acquiring an additional 362,412 shares during the last quarter. 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 $214.73 on Wednesday. The stock has a 50-day moving average of $207.84 and a two-hundred day moving average of $201.26. The stock has a market cap of $95.83 billion, a P/E ratio of 20.10 and a beta of 0.91. Invesco S&P 500 Equal Weight ETF has a one year low of $179.94 and a one year high of $216.37.

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.