VMS Asset Management Limited Makes New Investment in Invesco S&P 500 Equal Weight ETF $RSP

VMS Asset Management Limited bought a new position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) in the third quarter, Holdings Channel.com reports. The firm bought 89,090 shares of the company’s stock, valued at approximately $18,533,000. Invesco S&P 500 Equal Weight ETF comprises about 7.2% of VMS Asset Management Limited’s investment portfolio, making the stock its 4th biggest holding.

A number of other institutional investors and hedge funds have also recently made changes to their positions in RSP. B.A. Schrock Wealth Management Inc. bought a new position in shares of Invesco S&P 500 Equal Weight ETF during the third quarter valued at $700,000. ASL Financial LLC increased its holdings in Invesco S&P 500 Equal Weight ETF by 6.5% in the third quarter. ASL Financial LLC now owns 11,899 shares of the company’s stock valued at $2,475,000 after purchasing an additional 726 shares during the period. Howard Financial Services LTD. increased its holdings in Invesco S&P 500 Equal Weight ETF by 0.7% in the third quarter. Howard Financial Services LTD. now owns 180,533 shares of the company’s stock valued at $37,555,000 after purchasing an additional 1,222 shares during the period. Ashurst Perkins Coie Trust Co bought a new position in Invesco S&P 500 Equal Weight ETF during the 3rd quarter worth $1,191,000. Finally, ZWJ Investment Counsel Inc. bought a new position in Invesco S&P 500 Equal Weight ETF during the 3rd quarter worth $10,891,000. Institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Trading Down 0.6%

NYSEARCA RSP opened at $212.09 on Thursday. The business’s 50-day moving average price is $216.01 and its two-hundred day moving average price is $210.16. Invesco S&P 500 Equal Weight ETF has a 12 month low of $182.11 and a 12 month high of $223.43. The firm has a market capitalization of $97.35 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.