AQR Capital Management LLC trimmed its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) by 0.5% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 41,489 shares of the company’s stock after selling 223 shares during the quarter. AQR Capital Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $7,187,000 at the end of the most recent reporting period.
Other institutional investors have also recently bought and sold shares of the company. Northwestern Mutual Wealth Management Co. raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 1.7% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 23,554,043 shares of the company’s stock valued at $4,080,267,000 after purchasing an additional 396,957 shares during the period. Invesco Ltd. lifted its holdings in Invesco S&P 500 Equal Weight ETF by 12.0% during the 1st quarter. Invesco Ltd. now owns 11,189,061 shares of the company’s stock valued at $1,938,281,000 after purchasing an additional 1,195,627 shares during the last quarter. Goldman Sachs Group Inc. boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 219.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 9,102,168 shares of the company’s stock worth $1,576,769,000 after buying an additional 6,254,609 shares during the period. LPL Financial LLC lifted its holdings in Invesco S&P 500 Equal Weight ETF by 20.5% during the 1st quarter. LPL Financial LLC now owns 5,260,788 shares of the company’s stock worth $911,326,000 after purchasing an additional 894,245 shares during the last quarter. Finally, JPMorgan Chase & Co. increased its position in Invesco S&P 500 Equal Weight ETF by 26.8% during the first quarter. JPMorgan Chase & Co. now owns 5,057,195 shares of the company’s stock worth $876,058,000 after acquiring an additional 1,069,297 shares during the period. Institutional investors own 61.18% of the company’s stock.
Invesco S&P 500 Equal Weight ETF Price Performance
Shares of NYSEARCA:RSP opened at $190.33 on Friday. Invesco S&P 500 Equal Weight ETF has a 1 year low of $150.35 and a 1 year high of $190.54. The company has a market capitalization of $75.45 billion, a P/E ratio of 20.10 and a beta of 1.05. The business’s 50 day simple moving average is $185.88 and its 200 day simple moving average is $177.65.
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).
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