Russell Investments Group Ltd. Purchases 1,239 Shares of Invesco S&P 500 Equal Weight ETF $RSP

Russell Investments Group Ltd. lifted its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 48.5% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,794 shares of the company’s stock after acquiring an additional 1,239 shares during the quarter. Russell Investments Group Ltd.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $657,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in RSP. Goldman Sachs Group Inc. grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 219.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 9,102,168 shares of the company’s stock worth $1,576,769,000 after acquiring an additional 6,254,609 shares in the last quarter. Temasek Holdings Private Ltd bought a new position in Invesco S&P 500 Equal Weight ETF during the fourth quarter valued at about $720,730,000. Phoenix Financial Ltd. bought a new position in Invesco S&P 500 Equal Weight ETF during the first quarter valued at about $269,253,000. Junto Capital Management LP bought a new position in Invesco S&P 500 Equal Weight ETF during the fourth quarter valued at about $241,278,000. Finally, Invesco Ltd. grew its position in Invesco S&P 500 Equal Weight ETF by 12.0% during the first quarter. Invesco Ltd. now owns 11,189,061 shares of the company’s stock valued at $1,938,281,000 after buying an additional 1,195,627 shares during the period. Institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Stock Performance

RSP opened at $188.62 on Friday. The firm has a market cap of $74.77 billion, a P/E ratio of 20.10 and a beta of 1.05. The firm has a 50-day moving average of $184.69 and a 200 day moving average of $177.20. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $150.35 and a fifty-two week high of $189.99.

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).