Atom Investors LP Acquires 5,373 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Atom Investors LP raised its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 28.3% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 24,380 shares of the company’s stock after buying an additional 5,373 shares during the quarter. Atom Investors LP’s holdings in Invesco S&P 500 Equal Weight ETF were worth $4,368,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the business. Northwestern Mutual Wealth Management Co. raised its stake in Invesco S&P 500 Equal Weight ETF by 855.5% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 20,539,639 shares of the company’s stock valued at $3,379,816,000 after purchasing an additional 18,390,083 shares during the last quarter. Strategic Financial Concepts LLC raised its position in shares of Invesco S&P 500 Equal Weight ETF by 11,793.3% during the second quarter. Strategic Financial Concepts LLC now owns 6,406,233 shares of the company’s stock valued at $10,524,000 after buying an additional 6,352,369 shares during the last quarter. US Bancorp DE lifted its stake in shares of Invesco S&P 500 Equal Weight ETF by 2,150.4% in the second quarter. US Bancorp DE now owns 2,083,103 shares of the company’s stock valued at $342,213,000 after buying an additional 1,990,537 shares during the period. Healthcare of Ontario Pension Plan Trust Fund grew its position in Invesco S&P 500 Equal Weight ETF by 174.6% during the second quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 2,340,000 shares of the company’s stock worth $384,415,000 after buying an additional 1,488,000 shares in the last quarter. Finally, Envestnet Portfolio Solutions Inc. grew its position in Invesco S&P 500 Equal Weight ETF by 1,276.7% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 758,169 shares of the company’s stock worth $124,552,000 after buying an additional 703,098 shares in the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Up 0.3 %

Invesco S&P 500 Equal Weight ETF stock opened at $187.62 on Monday. The business has a 50 day moving average price of $180.69 and a two-hundred day moving average price of $172.73. Invesco S&P 500 Equal Weight ETF has a 12 month low of $146.87 and a 12 month high of $188.16. The stock has a market cap of $62.84 billion, a price-to-earnings 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).