Invesco S&P 500 Equal Weight ETF $RSP Stock Position Lifted by Park Place Capital Corp

Park Place Capital Corp increased its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 6.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 78,504 shares of the company’s stock after acquiring an additional 4,515 shares during the quarter. Invesco S&P 500 Equal Weight ETF comprises 3.1% of Park Place Capital Corp’s holdings, making the stock its 7th biggest position. Park Place Capital Corp’s holdings in Invesco S&P 500 Equal Weight ETF were worth $15,038,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently bought and sold shares of RSP. Brighton Jones LLC grew its holdings in Invesco S&P 500 Equal Weight ETF by 3.4% in the fourth quarter. Brighton Jones LLC now owns 7,516 shares of the company’s stock worth $1,317,000 after purchasing an additional 246 shares during the last quarter. Heck Capital Advisors LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 4th quarter valued at $83,931,000. Bison Wealth LLC boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 25.8% in the 4th quarter. Bison Wealth LLC now owns 20,957 shares of the company’s stock worth $3,672,000 after purchasing an additional 4,295 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 1st quarter worth $11,553,000. Finally, Franklin Resources Inc. grew its stake in Invesco S&P 500 Equal Weight ETF by 5.9% during the 2nd quarter. Franklin Resources Inc. now owns 87,633 shares of the company’s stock worth $15,926,000 after buying an additional 4,855 shares during the last quarter. Hedge funds and other institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of NYSEARCA:RSP opened at $191.69 on Tuesday. The business’s 50-day moving average is $199.50 and its 200 day moving average is $193.42. Invesco S&P 500 Equal Weight ETF has a 1 year low of $150.35 and a 1 year high of $205.24. The firm has a market capitalization of $79.49 billion, a P/E 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.