4,573 Shares in Invesco S&P 500 Equal Weight ETF $RSP Bought by Fifth Third Securities Inc.

Fifth Third Securities Inc. acquired a new position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 4,573 shares of the company’s stock, valued at approximately $876,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of RSP. Corient Private Wealth LLC raised its holdings in Invesco S&P 500 Equal Weight ETF by 303.3% during the second quarter. Corient Private Wealth LLC now owns 1,015,653 shares of the company’s stock worth $184,495,000 after purchasing an additional 763,825 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its position in Invesco S&P 500 Equal Weight ETF by 2.6% during the third quarter. Northwestern Mutual Wealth Management Co. now owns 25,293,041 shares of the company’s stock worth $4,798,090,000 after buying an additional 635,369 shares in the last quarter. Endurance Services Ltd purchased a new position in Invesco S&P 500 Equal Weight ETF during the third quarter worth $96,962,000. Schusterman Interests LLC increased its position in Invesco S&P 500 Equal Weight ETF by 420.8% during the third quarter. Schusterman Interests LLC now owns 625,000 shares of the company’s stock worth $118,562,000 after buying an additional 505,000 shares in the last quarter. Finally, Heck Capital Advisors LLC purchased a new position in Invesco S&P 500 Equal Weight ETF during the fourth quarter worth $83,931,000. 61.18% of the stock is owned by institutional investors and hedge funds.

Invesco S&P 500 Equal Weight ETF Stock Performance

Invesco S&P 500 Equal Weight ETF stock opened at $196.65 on Monday. The stock has a fifty day moving average of $197.94 and a two-hundred day moving average of $193.86. The company has a market capitalization of $86.85 billion, a price-to-earnings ratio of 20.10 and a beta of 0.94. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $157.69 and a fifty-two week high of $205.24.

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.