Mirae Asset Global Investments Co. Ltd. Boosts Stock Position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Mirae Asset Global Investments Co. Ltd. increased its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 7.1% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 75,996 shares of the company’s stock after acquiring an additional 5,061 shares during the quarter. Mirae Asset Global Investments Co. Ltd.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $13,382,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in RSP. SJS Investment Consulting Inc. grew its stake in Invesco S&P 500 Equal Weight ETF by 157.1% during the fourth quarter. SJS Investment Consulting Inc. now owns 144 shares of the company’s stock valued at $25,000 after acquiring an additional 88 shares in the last quarter. Eastern Bank bought a new position in shares of Invesco S&P 500 Equal Weight ETF during the 3rd quarter valued at about $28,000. GHP Investment Advisors Inc. grew its position in shares of Invesco S&P 500 Equal Weight ETF by 79.1% during the third quarter. GHP Investment Advisors Inc. now owns 163 shares of the company’s stock valued at $29,000 after purchasing an additional 72 shares in the last quarter. Truvestments Capital LLC purchased a new position in shares of Invesco S&P 500 Equal Weight ETF during the third quarter valued at about $29,000. Finally, Richardson Financial Services Inc. increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 100.0% in the third quarter. Richardson Financial Services Inc. now owns 166 shares of the company’s stock worth $29,000 after purchasing an additional 83 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Price Performance

NYSEARCA:RSP opened at $181.11 on Friday. The company has a market cap of $60.66 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a 1 year low of $156.16 and a 1 year high of $188.16. The stock’s 50 day simple moving average is $179.89 and its two-hundred day simple moving average is $177.36.

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).