Vestmark Advisory Solutions Inc. Makes New $14.37 Million Investment in Invesco S&P 500 Equal Weight ETF $RSP

Vestmark Advisory Solutions Inc. bought a new stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 79,042 shares of the company’s stock, valued at approximately $14,365,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Goldman Sachs Group Inc. raised its position in shares of Invesco S&P 500 Equal Weight ETF by 219.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 9,102,168 shares of the company’s stock valued at $1,576,769,000 after acquiring an additional 6,254,609 shares during the last quarter. Japan Science & Technology Agency acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 1st quarter valued at approximately $656,908,000. Phoenix Financial Ltd. bought a new position in Invesco S&P 500 Equal Weight ETF during the 1st quarter worth approximately $269,253,000. Invesco Ltd. grew its holdings in Invesco S&P 500 Equal Weight ETF by 12.0% during the first quarter. Invesco Ltd. now owns 11,189,061 shares of the company’s stock valued at $1,938,281,000 after purchasing an additional 1,195,627 shares during the period. Finally, JPMorgan Chase & Co. increased its stake in Invesco S&P 500 Equal Weight ETF by 26.8% in the first quarter. JPMorgan Chase & Co. now owns 5,057,195 shares of the company’s stock valued at $876,058,000 after purchasing an additional 1,069,297 shares in the last quarter. 61.18% of the stock is owned by institutional investors.

Invesco S&P 500 Equal Weight ETF Stock Down 0.2%

Shares of NYSEARCA RSP opened at $185.68 on Friday. Invesco S&P 500 Equal Weight ETF has a twelve month low of $150.35 and a twelve month high of $192.33. The stock has a market cap of $71.82 billion, a price-to-earnings ratio of 20.10 and a beta of 0.99. The company’s fifty day moving average is $188.77 and its 200-day moving average is $182.90.

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).