Invesco S&P 500 Equal Weight ETF $RSP Shares Acquired by Mustico Financial Group Inc.

Mustico Financial Group Inc. grew its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 1.8% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 150,973 shares of the company’s stock after acquiring an additional 2,658 shares during the quarter. Invesco S&P 500 Equal Weight ETF comprises 18.7% of Mustico Financial Group Inc.’s holdings, making the stock its 2nd largest position. Mustico Financial Group Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $30,326,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Dorato Capital Management acquired a new position in Invesco S&P 500 Equal Weight ETF in the 4th quarter valued at $26,000. Nalls Sherbakoff Group LLC acquired a new stake in Invesco S&P 500 Equal Weight ETF during the 4th quarter worth $29,000. Hurley Capital LLC boosted its stake in Invesco S&P 500 Equal Weight ETF by 200.0% during the 4th quarter. Hurley Capital LLC now owns 177 shares of the company’s stock worth $34,000 after purchasing an additional 118 shares during the last quarter. Basepoint Wealth LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF during the fourth quarter worth $40,000. Finally, Raleigh Capital Management Inc. acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF in the first quarter valued at about $42,000. 61.18% of the stock is owned by institutional investors and hedge funds.

Invesco S&P 500 Equal Weight ETF Stock Up 0.8%

Shares of NYSEARCA RSP opened at $213.57 on Friday. The firm has a 50-day simple moving average of $210.53 and a 200-day simple moving average of $203.05. The stock has a market capitalization of $95.73 billion, a price-to-earnings ratio of 20.10 and a beta of 0.91. Invesco S&P 500 Equal Weight ETF has a 52 week low of $179.94 and a 52 week 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.