Arkos Global Advisors Grows Stock Holdings in Invesco S&P 500 Equal Weight ETF $RSP

Arkos Global Advisors grew its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 14.4% during the 4th quarter, Holdings Channel reports. The fund owned 32,958 shares of the company’s stock after purchasing an additional 4,152 shares during the period. Invesco S&P 500 Equal Weight ETF makes up about 0.8% of Arkos Global Advisors’ holdings, making the stock its 23rd largest holding. Arkos Global Advisors’ holdings in Invesco S&P 500 Equal Weight ETF were worth $6,314,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the business. Morgan Stanley boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 7.9% in the 4th quarter. Morgan Stanley now owns 31,346,217 shares of the company’s stock valued at $6,004,682,000 after acquiring an additional 2,285,526 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its holdings 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 buying an additional 959,176 shares in the last quarter. LPL Financial LLC boosted its holdings in Invesco S&P 500 Equal Weight ETF by 7.1% during the fourth quarter. LPL Financial LLC now owns 5,486,948 shares of the company’s stock worth $1,051,080,000 after buying an additional 362,412 shares in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its holdings in Invesco S&P 500 Equal Weight ETF by 0.3% during 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 buying an additional 9,309 shares in the last quarter. Finally, Cerity Partners LLC boosted its holdings in Invesco S&P 500 Equal Weight ETF by 11.8% during the fourth quarter. Cerity Partners LLC now owns 1,963,478 shares of the company’s stock worth $376,124,000 after buying an additional 207,096 shares in the last quarter. 61.18% of the stock is owned by hedge funds and other institutional investors.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of NYSEARCA RSP opened at $211.65 on Friday. The company’s fifty day moving average price is $203.40 and its 200 day moving average price is $198.74. Invesco S&P 500 Equal Weight ETF has a 1 year low of $175.98 and a 1 year high of $212.12. The company has a market capitalization of $91.31 billion, a PE ratio of 20.10 and a beta of 0.91.

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.