Vantus Wealth LLC acquired a new position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 5,571 shares of the company’s stock, valued at approximately $1,067,000.
Several other hedge funds and other institutional investors also recently bought and sold shares of the company. Northwestern Mutual Wealth Management Co. grew its stake in Invesco S&P 500 Equal Weight ETF by 3.8% in 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 in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS grew its stake in Invesco S&P 500 Equal Weight ETF by 0.3% in the fourth quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 3,579,650 shares of the company’s stock worth $685,718,000 after purchasing an additional 9,309 shares in the last quarter. Varma Mutual Pension Insurance Co bought a new position in Invesco S&P 500 Equal Weight ETF in the fourth quarter worth approximately $327,184,000. BW Gestao de Investimentos Ltda. bought a new position in Invesco S&P 500 Equal Weight ETF in the fourth quarter worth approximately $287,168,000. Finally, HighTower Advisors LLC grew its stake in Invesco S&P 500 Equal Weight ETF by 4.1% in 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 in the last quarter. Institutional investors own 61.18% of the company’s stock.
Invesco S&P 500 Equal Weight ETF Stock Up 0.2%
Shares of NYSEARCA:RSP opened at $209.21 on Tuesday. Invesco S&P 500 Equal Weight ETF has a 52-week low of $174.27 and a 52-week high of $209.77. The stock has a market cap of $90.26 billion, a P/E ratio of 20.10 and a beta of 0.92. The business’s 50 day moving average is $200.12 and its 200 day moving average is $197.36.
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). 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.
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