Csenge Advisory Group Acquires 24,254 Shares of Invesco S&P 500 Equal Weight ETF $RSP

Csenge Advisory Group boosted its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 4.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 580,044 shares of the company’s stock after buying an additional 24,254 shares during the period. Invesco S&P 500 Equal Weight ETF makes up about 5.0% of Csenge Advisory Group’s investment portfolio, making the stock its 3rd largest position. Csenge Advisory Group’s holdings in Invesco S&P 500 Equal Weight ETF were worth $111,113,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in the business. Northwestern Mutual Wealth Management Co. increased its position in Invesco S&P 500 Equal Weight ETF by 2.6% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 25,293,041 shares of the company’s stock worth $4,798,090,000 after buying an additional 635,369 shares during the period. Phoenix Financial Ltd. boosted its stake in Invesco S&P 500 Equal Weight ETF by 13.8% in the 3rd quarter. Phoenix Financial Ltd. now owns 1,768,432 shares of the company’s stock valued at $335,472,000 after buying an additional 214,432 shares in the last quarter. Varma Mutual Pension Insurance Co acquired a new stake in Invesco S&P 500 Equal Weight ETF in the 4th quarter valued at $327,184,000. HighTower Advisors LLC boosted its stake in Invesco S&P 500 Equal Weight ETF by 4.1% in the 4th quarter. HighTower Advisors LLC now owns 1,409,611 shares of the company’s stock valued at $270,025,000 after buying an additional 55,250 shares in the last quarter. Finally, Focus Partners Wealth boosted its stake in Invesco S&P 500 Equal Weight ETF by 13.2% in the 3rd quarter. Focus Partners Wealth now owns 1,297,134 shares of the company’s stock valued at $245,646,000 after buying an additional 150,899 shares in the last quarter. 61.18% of the stock is owned by institutional investors.

Invesco S&P 500 Equal Weight ETF Stock Performance

Invesco S&P 500 Equal Weight ETF stock opened at $202.80 on Tuesday. The firm has a market cap of $87.49 billion, a P/E ratio of 20.10 and a beta of 0.92. The business’s fifty day moving average is $197.94 and its two-hundred day moving average is $196.03. Invesco S&P 500 Equal Weight ETF has a 52 week low of $173.00 and a 52 week high of $205.53.

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). 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.