Invesco S&P 500 Equal Weight ETF $RSP is Davidson Kahn Capital Management LLC’s 2nd Largest Position

Davidson Kahn Capital Management LLC lifted its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 16.9% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 92,991 shares of the company’s stock after purchasing an additional 13,426 shares during the quarter. Invesco S&P 500 Equal Weight ETF comprises approximately 9.3% of Davidson Kahn Capital Management LLC’s holdings, making the stock its 2nd largest holding. Davidson Kahn Capital Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $17,813,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of RSP. Northwestern Mutual Wealth Management Co. grew its holdings in shares of Invesco S&P 500 Equal Weight ETF by 2.6% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 25,293,041 shares of the company’s stock worth $4,798,090,000 after purchasing an additional 635,369 shares during the period. Endurance Services Ltd purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 3rd quarter worth about $96,962,000. Schusterman Interests LLC grew its holdings in shares of Invesco S&P 500 Equal Weight ETF by 420.8% during the 3rd quarter. Schusterman Interests LLC now owns 625,000 shares of the company’s stock worth $118,562,000 after purchasing an additional 505,000 shares during the period. Heck Capital Advisors LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 4th quarter worth about $83,931,000. Finally, CIBC Bancorp USA Inc. purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 3rd quarter worth about $72,022,000. 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 NYSEARCA:RSP opened at $202.55 on Wednesday. Invesco S&P 500 Equal Weight ETF has a 1 year low of $160.93 and a 1 year high of $205.24. The stock has a market capitalization of $88.68 billion, a P/E ratio of 20.10 and a beta of 0.94. The stock has a 50-day simple moving average of $198.02 and a 200-day simple moving average of $194.44.

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.