Analyst IMS Investment Management Services Ltd. Raises Stake in Invesco S&P 500 Equal Weight ETF $RSP

Analyst IMS Investment Management Services Ltd. grew its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 35.5% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 39,680 shares of the company’s stock after acquiring an additional 10,400 shares during the quarter. Analyst IMS Investment Management Services Ltd.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $7,527,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in the business. Brighton Jones LLC increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 3.4% in the fourth quarter. Brighton Jones LLC now owns 7,516 shares of the company’s stock worth $1,317,000 after buying an additional 246 shares during the period. Heck Capital Advisors LLC purchased a new position in Invesco S&P 500 Equal Weight ETF in the 4th quarter worth approximately $83,931,000. Bison Wealth LLC increased its stake in Invesco S&P 500 Equal Weight ETF by 25.8% in the 4th quarter. Bison Wealth LLC now owns 20,957 shares of the company’s stock worth $3,672,000 after purchasing an additional 4,295 shares during the period. Focus Partners Advisor Solutions LLC lifted its position in Invesco S&P 500 Equal Weight ETF by 27.1% in the first quarter. Focus Partners Advisor Solutions LLC now owns 34,038 shares of the company’s stock valued at $5,897,000 after purchasing an additional 7,263 shares during the last quarter. Finally, First Manhattan CO. LLC. boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 2.7% during the first quarter. First Manhattan CO. LLC. now owns 502,611 shares of the company’s stock valued at $87,067,000 after purchasing an additional 13,377 shares during the period. Hedge funds and other institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Trading Down 0.2%

RSP stock opened at $193.52 on Tuesday. The stock has a market capitalization of $74.86 billion, a price-to-earnings ratio of 20.10 and a beta of 0.99. The firm’s 50-day moving average price is $190.00 and its two-hundred day moving average price is $187.28. Invesco S&P 500 Equal Weight ETF has a 12-month low of $150.35 and a 12-month high of $195.46.

Invesco S&P 500 Equal Weight ETF Company 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.