102,528 Shares in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) Bought by Miracle Mile Advisors LLC

Miracle Mile Advisors LLC bought a new stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) in the 4th quarter, according to its most recent filing with the SEC. The institutional investor bought 102,528 shares of the company’s stock, valued at approximately $17,966,000.

Other hedge funds have also recently bought and sold shares of the company. Northwestern Mutual Wealth Management Co. grew its position in Invesco S&P 500 Equal Weight ETF by 855.5% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 20,539,639 shares of the company’s stock worth $3,379,816,000 after buying an additional 18,390,083 shares in the last quarter. Healthcare of Ontario Pension Plan Trust Fund lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 174.6% in the 2nd quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 2,340,000 shares of the company’s stock worth $384,415,000 after acquiring an additional 1,488,000 shares during the period. SPX Gestao de Recursos Ltda grew its holdings in shares of Invesco S&P 500 Equal Weight ETF by 1,502.5% during the 3rd quarter. SPX Gestao de Recursos Ltda now owns 895,000 shares of the company’s stock worth $160,348,000 after purchasing an additional 839,150 shares in the last quarter. Penserra Capital Management LLC increased its position in shares of Invesco S&P 500 Equal Weight ETF by 2,274.4% during the third quarter. Penserra Capital Management LLC now owns 486,095 shares of the company’s stock valued at $87,088,000 after purchasing an additional 465,623 shares during the period. Finally, D. E. Shaw & Co. Inc. acquired a new position in shares of Invesco S&P 500 Equal Weight ETF in the second quarter valued at $63,354,000.

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

RSP stock traded up $1.42 during midday trading on Monday, hitting $174.67. The stock had a trading volume of 8,125,070 shares, compared to its average volume of 7,662,494. Invesco S&P 500 Equal Weight ETF has a 52 week low of $153.10 and a 52 week high of $188.16. The stock has a 50-day simple moving average of $180.89 and a 200 day simple moving average of $175.64. The firm has a market capitalization of $58.50 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90.

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).