Invesco S&P 500 Equal Weight ETF $RSP is Berkshire Money Management Inc.’s 6th Largest Position

Berkshire Money Management Inc. increased its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 13.9% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 282,337 shares of the company’s stock after buying an additional 34,350 shares during the period. Invesco S&P 500 Equal Weight ETF comprises about 5.5% of Berkshire Money Management Inc.’s holdings, making the stock its 6th largest position. Berkshire Money Management Inc. owned about 0.07% of Invesco S&P 500 Equal Weight ETF worth $53,559,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Brighton Jones LLC lifted its stake in Invesco S&P 500 Equal Weight ETF by 3.4% in the 4th quarter. Brighton Jones LLC now owns 7,516 shares of the company’s stock valued at $1,317,000 after buying an additional 246 shares in the last quarter. Heck Capital Advisors LLC acquired a new position in shares of Invesco S&P 500 Equal Weight ETF in the fourth quarter worth $83,931,000. Bison Wealth LLC lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 25.8% in the fourth quarter. Bison Wealth LLC now owns 20,957 shares of the company’s stock valued at $3,672,000 after acquiring an additional 4,295 shares in the last quarter. Russell Investments Group Ltd. boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 48.5% during the 1st quarter. Russell Investments Group Ltd. now owns 3,794 shares of the company’s stock worth $657,000 after purchasing an additional 1,239 shares during the last quarter. Finally, Flow Traders U.S. LLC acquired a new position in shares of Invesco S&P 500 Equal Weight ETF in the first quarter valued at approximately $804,000. Hedge funds and other institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of RSP opened at $192.88 on Monday. Invesco S&P 500 Equal Weight ETF has a 1 year low of $150.35 and a 1 year high of $195.46. The company’s 50 day simple moving average is $189.36 and its 200 day simple moving average is $186.66. The company has a market capitalization of $74.61 billion, a price-to-earnings ratio of 20.10 and a beta of 0.99.

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). 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.