Sebold Capital Management Inc. Has $25.95 Million Stock Holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Sebold Capital Management Inc. boosted its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 1.1% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 164,437 shares of the company’s stock after purchasing an additional 1,859 shares during the period. Invesco S&P 500 Equal Weight ETF comprises approximately 19.2% of Sebold Capital Management Inc.’s holdings, making the stock its largest position. Sebold Capital Management Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $25,948,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in RSP. Morgan Stanley increased its position in Invesco S&P 500 Equal Weight ETF by 12.8% during the 3rd quarter. Morgan Stanley now owns 18,941,150 shares of the company’s stock valued at $2,683,772,000 after purchasing an additional 2,153,993 shares during the period. Moneta Group Investment Advisors LLC increased its position in Invesco S&P 500 Equal Weight ETF by 104,839.6% during the 4th quarter. Moneta Group Investment Advisors LLC now owns 7,956,524 shares of the company’s stock valued at $1,123,859,000 after purchasing an additional 7,948,942 shares during the period. Truist Financial Corp increased its position in Invesco S&P 500 Equal Weight ETF by 1.5% during the 3rd quarter. Truist Financial Corp now owns 7,814,755 shares of the company’s stock valued at $1,107,273,000 after purchasing an additional 112,526 shares during the period. UBS Group AG increased its position in Invesco S&P 500 Equal Weight ETF by 17.4% during the 3rd quarter. UBS Group AG now owns 5,948,672 shares of the company’s stock valued at $842,867,000 after purchasing an additional 880,506 shares during the period. Finally, Invesco Ltd. increased its position in Invesco S&P 500 Equal Weight ETF by 15.6% during the 3rd quarter. Invesco Ltd. now owns 4,521,037 shares of the company’s stock valued at $640,586,000 after purchasing an additional 609,306 shares during the period.

Invesco S&P 500 Equal Weight ETF Stock Up 1.6 %

Shares of Invesco S&P 500 Equal Weight ETF stock opened at $168.78 on Thursday. The firm’s 50 day moving average price is $161.09 and its 200-day moving average price is $151.82. Invesco S&P 500 Equal Weight ETF has a 52-week low of $133.34 and a 52-week high of $168.79. The company has a market cap of $47.71 billion, a P/E ratio of 16.13 and a beta of 1.05.

Invesco S&P 500 Equal Weight ETF 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).