Flagship Harbor Advisors LLC Increases Position in Invesco S&P 500 Equal Weight ETF $RSP

Flagship Harbor Advisors LLC raised its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 6.3% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 111,626 shares of the company’s stock after acquiring an additional 6,622 shares during the period. Invesco S&P 500 Equal Weight ETF accounts for about 1.0% of Flagship Harbor Advisors LLC’s holdings, making the stock its 14th biggest position. Flagship Harbor Advisors LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $21,383,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of RSP. Brighton Jones LLC boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 3.4% during the fourth quarter. Brighton Jones LLC now owns 7,516 shares of the company’s stock worth $1,317,000 after purchasing an additional 246 shares during the last quarter. Heck Capital Advisors LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at $83,931,000. Bison Wealth LLC grew 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 purchasing an additional 4,295 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF in the first quarter valued at $11,553,000. Finally, Gamco Investors INC. ET AL purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF in the second quarter valued at $279,000. 61.18% of the stock is currently owned by institutional investors and hedge funds.

Invesco S&P 500 Equal Weight ETF Stock Up 0.4%

Shares of NYSEARCA:RSP opened at $193.92 on Tuesday. The company has a market cap of $85.84 billion, a P/E ratio of 20.10 and a beta of 0.99. Invesco S&P 500 Equal Weight ETF has a 52 week low of $150.35 and a 52 week high of $205.24. The business has a fifty day simple moving average of $198.09 and a 200-day simple moving average of $193.64.

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). 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.