Del Sette Capital Management LLC Takes Position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Del Sette Capital Management LLC bought a new stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 82,344 shares of the company’s stock, valued at approximately $14,429,000. Invesco S&P 500 Equal Weight ETF accounts for approximately 11.7% of Del Sette Capital Management LLC’s holdings, making the stock its biggest position.

Several other institutional investors have also added to or reduced their stakes in the business. Strategic Financial Concepts LLC lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 21,084.0% in 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. Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 312.2% during the fourth quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 1,384,889 shares of the company’s stock worth $242,674,000 after acquiring an additional 1,048,921 shares in the last quarter. SPX Gestao de Recursos Ltda lifted its stake in Invesco S&P 500 Equal Weight ETF by 1,502.5% in the third 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 last quarter. Heck Capital Advisors LLC bought a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 4th quarter valued at about $83,931,000. Finally, Penserra Capital Management LLC lifted its position in Invesco S&P 500 Equal Weight ETF by 2,274.4% in 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 last quarter.

Invesco S&P 500 Equal Weight ETF Stock Down 0.5 %

Shares of RSP opened at $173.84 on Friday. The firm has a fifty day simple moving average of $178.66 and a two-hundred day simple moving average of $179.06. The stock has a market capitalization of $72.42 billion, a P/E ratio of 20.93 and a beta of 1.07. Invesco S&P 500 Equal Weight ETF has a twelve month low of $158.83 and a twelve month high of $188.16.

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).