Invesco S&P 500 Equal Weight ETF $RSP Stake Boosted by Rothschild Investment LLC

Rothschild Investment LLC increased its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 6.5% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 44,678 shares of the company’s stock after purchasing an additional 2,710 shares during the quarter. Rothschild Investment LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $8,559,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. lifted its stake in Invesco S&P 500 Equal Weight ETF by 3.8% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 26,252,217 shares of the company’s stock worth $5,028,875,000 after purchasing an additional 959,176 shares during the last quarter. Varma Mutual Pension Insurance Co bought a new position in Invesco S&P 500 Equal Weight ETF during the fourth quarter worth $327,184,000. HighTower Advisors LLC lifted its stake in Invesco S&P 500 Equal Weight ETF by 4.1% during the fourth quarter. HighTower Advisors LLC now owns 1,409,611 shares of the company’s stock worth $270,025,000 after purchasing an additional 55,250 shares during the last quarter. Focus Partners Wealth lifted its stake in Invesco S&P 500 Equal Weight ETF by 13.2% during the third quarter. Focus Partners Wealth now owns 1,297,134 shares of the company’s stock worth $245,646,000 after purchasing an additional 150,899 shares during the last quarter. Finally, Axxcess Wealth Management LLC lifted its stake in Invesco S&P 500 Equal Weight ETF by 5,593.7% during the fourth quarter. Axxcess Wealth Management LLC now owns 972,762 shares of the company’s stock worth $186,343,000 after purchasing an additional 955,677 shares during the last quarter. 61.18% of the stock is currently owned by institutional investors.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of RSP opened at $208.25 on Friday. The business’s fifty day moving average price is $199.50 and its 200 day moving average price is $197.08. Invesco S&P 500 Equal Weight ETF has a 12-month low of $174.27 and a 12-month high of $208.89. The stock has a market capitalization of $89.84 billion, a PE ratio of 20.10 and a beta of 0.92.

Invesco S&P 500 Equal Weight ETF Company 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.