Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) Position Increased by Bailard Inc.

Bailard Inc. raised its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 211.3% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 48,089 shares of the company’s stock after buying an additional 32,640 shares during the period. Bailard Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $8,427,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in RSP. Strategic Financial Concepts LLC boosted its holdings in Invesco S&P 500 Equal Weight ETF by 21,084.0% during the fourth quarter. Strategic Financial Concepts LLC now owns 8,491,606 shares of the company’s stock worth $1,487,984,000 after buying an additional 8,451,521 shares in the last quarter. SPX Gestao de Recursos Ltda boosted its stake in Invesco S&P 500 Equal Weight ETF by 1,502.5% in 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 during the period. Heck Capital Advisors LLC acquired a new position in Invesco S&P 500 Equal Weight ETF in the 4th quarter worth approximately $83,931,000. Penserra Capital Management LLC boosted its stake in Invesco S&P 500 Equal Weight ETF by 2,274.4% in the 3rd quarter. Penserra Capital Management LLC now owns 486,095 shares of the company’s stock worth $87,088,000 after purchasing an additional 465,623 shares during the period. Finally, First Interstate Bank boosted its stake in Invesco S&P 500 Equal Weight ETF by 2,324.6% in the 3rd quarter. First Interstate Bank now owns 379,553 shares of the company’s stock worth $68,001,000 after purchasing an additional 363,899 shares during the period.

Invesco S&P 500 Equal Weight ETF Stock Performance

Invesco S&P 500 Equal Weight ETF stock opened at $180.18 on Friday. The company has a 50 day moving average price of $179.15 and a 200 day moving average price of $178.92. Invesco S&P 500 Equal Weight ETF has a 52 week low of $158.83 and a 52 week high of $188.16. The firm has a market capitalization of $74.90 billion, a price-to-earnings ratio of 21.37 and a beta of 1.07.

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).