Parkside Investments LLC Boosts Stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Parkside Investments LLC raised its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 76.5% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 26,322 shares of the company’s stock after buying an additional 11,405 shares during the quarter. Parkside Investments LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $4,458,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Clal Insurance Enterprises Holdings Ltd bought a new position in shares of Invesco S&P 500 Equal Weight ETF during the 4th quarter valued at approximately $860,010,000. Balyasny Asset Management L.P. bought a new position in Invesco S&P 500 Equal Weight ETF during the fourth quarter valued at $671,392,000. Morgan Stanley raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 12.8% in the third quarter. Morgan Stanley now owns 18,941,150 shares of the company’s stock valued at $2,683,772,000 after acquiring an additional 2,153,993 shares during the period. Global Assets Advisory LLC bought a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 1st quarter worth about $284,337,000. Finally, Chai Trust Co. LLC boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 926.0% during the 3rd quarter. Chai Trust Co. LLC now owns 1,705,786 shares of the company’s stock worth $241,693,000 after purchasing an additional 1,539,527 shares during the period.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of RSP traded down $0.75 during mid-day trading on Wednesday, reaching $163.83. 1,923,171 shares of the company’s stock traded hands, compared to its average volume of 6,076,500. The stock’s 50-day moving average is $164.43 and its two-hundred day moving average is $161.86. Invesco S&P 500 Equal Weight ETF has a 12 month low of $133.34 and a 12 month high of $169.80. The stock has a market cap of $54.87 billion, a P/E ratio of 20.44 and a beta of 0.90.

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).