Essex Savings Bank boosted its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) by 7.7% during the 4th quarter, HoldingsChannel.com reports. The firm owned 3,890 shares of the company’s stock after acquiring an additional 277 shares during the quarter. Essex Savings Bank’s holdings in Invesco S&P 500 Equal Weight ETF were worth $682,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 855.5% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 20,539,639 shares of the company’s stock valued at $3,379,816,000 after buying an additional 18,390,083 shares during the last quarter. Healthcare of Ontario Pension Plan Trust Fund boosted its holdings in Invesco S&P 500 Equal Weight ETF by 174.6% during the 2nd quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 2,340,000 shares of the company’s stock valued at $384,415,000 after acquiring an additional 1,488,000 shares during the period. SPX Gestao de Recursos Ltda grew its position in Invesco S&P 500 Equal Weight ETF by 1,502.5% in the 3rd quarter. SPX Gestao de Recursos Ltda now owns 895,000 shares of the company’s stock valued at $160,348,000 after acquiring an additional 839,150 shares during the last quarter. Penserra Capital Management LLC increased its stake in Invesco S&P 500 Equal Weight ETF by 2,274.4% in the third quarter. Penserra Capital Management LLC now owns 486,095 shares of the company’s stock worth $87,088,000 after purchasing an additional 465,623 shares during the period. Finally, D. E. Shaw & Co. Inc. bought a new stake in shares of Invesco S&P 500 Equal Weight ETF during the second quarter worth $63,354,000.
Invesco S&P 500 Equal Weight ETF Trading Up 1.0 %
NYSEARCA RSP opened at $177.77 on Thursday. The stock has a market cap of $59.54 billion, a PE ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a 12 month low of $153.10 and a 12 month high of $188.16. The company’s 50-day moving average price is $180.80 and its 200-day moving average price is $175.79.
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).
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