Gotham Asset Management LLC Increases Holdings in Invesco S&P 500 Equal Weight ETF $RSP

Gotham Asset Management LLC increased its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 12.8% during the 3rd quarter, Holdings Channel reports. The firm owned 171,764 shares of the company’s stock after acquiring an additional 19,558 shares during the quarter. Gotham Asset Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $32,584,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the company. Drucker Wealth 3.0 LLC raised its position in Invesco S&P 500 Equal Weight ETF by 3.3% during the 3rd quarter. Drucker Wealth 3.0 LLC now owns 1,701 shares of the company’s stock valued at $323,000 after purchasing an additional 55 shares in the last quarter. Strategies Wealth Advisors LLC grew its position in shares of Invesco S&P 500 Equal Weight ETF by 3.5% during the 3rd quarter. Strategies Wealth Advisors LLC now owns 1,618 shares of the company’s stock worth $307,000 after buying an additional 55 shares in the last quarter. Battery Global Advisors LLC increased its stake in shares of Invesco S&P 500 Equal Weight ETF by 0.4% during the third quarter. Battery Global Advisors LLC now owns 12,710 shares of the company’s stock valued at $2,411,000 after buying an additional 55 shares during the period. Burns J W & Co. Inc. NY increased its stake in shares of Invesco S&P 500 Equal Weight ETF by 0.4% during the third quarter. Burns J W & Co. Inc. NY now owns 13,281 shares of the company’s stock valued at $2,519,000 after buying an additional 57 shares during the period. Finally, Melfa Wealth Management Inc. raised its holdings in shares of Invesco S&P 500 Equal Weight ETF by 1.7% in the third quarter. Melfa Wealth Management Inc. now owns 3,473 shares of the company’s stock valued at $659,000 after acquiring an additional 57 shares in the last quarter. 61.18% of the stock is currently owned by hedge funds and other institutional investors.

Invesco S&P 500 Equal Weight ETF Price Performance

NYSEARCA:RSP opened at $194.96 on Tuesday. Invesco S&P 500 Equal Weight ETF has a 1-year low of $150.35 and a 1-year high of $205.24. The company has a 50-day moving average of $199.87 and a 200 day moving average of $193.24. The firm has a market cap of $80.85 billion, a PE ratio of 20.10 and a beta of 0.99.

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). The Index utilizes quarterly rebalancing to maintain its equal-weight stance. Under normal circumstances, the Fund will invest at least 90% of its net assets, plus any borrowing for investment purposes, in the equity securities (and derivatives thereof) included in the Index.