Rehmann Capital Advisory Group Boosts Stock Holdings in Invesco S&P 500 Equal Weight ETF $RSP

Rehmann Capital Advisory Group boosted its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 32.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 11,355 shares of the company’s stock after purchasing an additional 2,811 shares during the period. Rehmann Capital Advisory Group’s holdings in Invesco S&P 500 Equal Weight ETF were worth $2,175,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently added to or reduced their stakes in the business. NBZ Investment Advisors LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF in the third quarter valued at approximately $26,000. Dorato Capital Management purchased a new position in Invesco S&P 500 Equal Weight ETF in the fourth quarter worth $26,000. Aviso Financial Inc. purchased a new position in Invesco S&P 500 Equal Weight ETF in the third quarter worth $28,000. Hurley Capital LLC lifted its holdings in Invesco S&P 500 Equal Weight ETF by 200.0% in the fourth quarter. Hurley Capital LLC now owns 177 shares of the company’s stock valued at $34,000 after acquiring an additional 118 shares during the period. Finally, Goodman Advisory Group LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 3rd quarter worth $35,000. Hedge funds and other institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of NYSEARCA RSP opened at $209.96 on Friday. Invesco S&P 500 Equal Weight ETF has a one year low of $175.98 and a one year high of $214.30. The firm has a market capitalization of $90.58 billion, a P/E ratio of 20.10 and a beta of 0.91. The company’s fifty day moving average is $205.05 and its two-hundred day moving average is $199.48.

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.