Rockefeller Capital Management L.P. Grows Holdings in Invesco S&P 500 Equal Weight ETF $RSP

Rockefeller Capital Management L.P. raised its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 8.2% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,434,548 shares of the company’s stock after buying an additional 108,552 shares during the period. Invesco S&P 500 Equal Weight ETF comprises about 0.5% of Rockefeller Capital Management L.P.’s investment portfolio, making the stock its 27th biggest position. Rockefeller Capital Management L.P. owned 0.35% of Invesco S&P 500 Equal Weight ETF worth $274,802,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently made changes to their positions in the stock. World Investment Advisors raised its position in Invesco S&P 500 Equal Weight ETF by 26.9% during the fourth quarter. World Investment Advisors now owns 33,744 shares of the company’s stock valued at $6,464,000 after purchasing an additional 7,159 shares in the last quarter. Farmers National Bank lifted its stake in Invesco S&P 500 Equal Weight ETF by 0.8% during the fourth quarter. Farmers National Bank now owns 14,868 shares of the company’s stock worth $2,848,000 after purchasing an additional 114 shares during the last quarter. Nalls Sherbakoff Group LLC purchased a new position in shares of Invesco S&P 500 Equal Weight ETF in the 4th quarter worth about $29,000. DUTCH ASSET Corp purchased a new position in shares of Invesco S&P 500 Equal Weight ETF in the 4th quarter worth about $320,000. Finally, Larry Mathis Financial Planning LLC bought a new position in shares of Invesco S&P 500 Equal Weight ETF during the 4th quarter valued at about $1,288,000. Hedge funds and other institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of NYSEARCA RSP opened at $209.96 on Friday. The stock has a market cap of $90.58 billion, a price-to-earnings ratio of 20.10 and a beta of 0.91. Invesco S&P 500 Equal Weight ETF has a 1-year low of $175.98 and a 1-year high of $214.30. The stock’s 50-day moving average is $205.05 and its 200 day moving average is $199.48.

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.