Ted Buchan & Co Purchases 2,841 Shares of Invesco S&P 500 Equal Weight ETF $RSP

Ted Buchan & Co increased its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 132.3% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,989 shares of the company’s stock after purchasing an additional 2,841 shares during the period. Ted Buchan & Co’s holdings in Invesco S&P 500 Equal Weight ETF were worth $956,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of RSP. Northwestern Mutual Wealth Management Co. lifted its stake in Invesco S&P 500 Equal Weight ETF by 3.8% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 26,252,217 shares of the company’s stock valued at $5,028,875,000 after acquiring an additional 959,176 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its stake in Invesco S&P 500 Equal Weight ETF by 0.3% during the 4th quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 3,579,650 shares of the company’s stock valued at $685,718,000 after acquiring an additional 9,309 shares during the period. Varma Mutual Pension Insurance Co bought a new position in Invesco S&P 500 Equal Weight ETF during the 4th quarter valued at about $327,184,000. BW Gestao de Investimentos Ltda. bought a new position in Invesco S&P 500 Equal Weight ETF during the 4th quarter valued at about $287,168,000. Finally, HighTower Advisors LLC lifted its stake in Invesco S&P 500 Equal Weight ETF by 4.1% during the 4th quarter. HighTower Advisors LLC now owns 1,409,611 shares of the company’s stock valued at $270,025,000 after acquiring an additional 55,250 shares during the period. Institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Stock Performance

RSP opened at $209.25 on Thursday. The stock has a market capitalization of $90.27 billion, a P/E ratio of 20.10 and a beta of 0.92. The company’s 50-day simple moving average is $200.87 and its two-hundred day simple moving average is $197.65. Invesco S&P 500 Equal Weight ETF has a 52-week low of $175.98 and a 52-week high of $210.12.

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.