Invesco S&P 500 Equal Weight ETF $RSP Shares Acquired by D.A. Davidson & CO.

D.A. Davidson & CO. lifted its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 6.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 189,058 shares of the company’s stock after acquiring an additional 11,362 shares during the period. D.A. Davidson & CO.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $36,216,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in the stock. Northwestern Mutual Wealth Management Co. boosted its stake in Invesco S&P 500 Equal Weight ETF by 2.6% in 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 buying an additional 635,369 shares during the last quarter. Phoenix Financial Ltd. boosted its stake in Invesco S&P 500 Equal Weight ETF by 13.8% in the 3rd quarter. Phoenix Financial Ltd. now owns 1,768,432 shares of the company’s stock worth $335,472,000 after buying an additional 214,432 shares during the last quarter. Cerity Partners LLC boosted its stake in Invesco S&P 500 Equal Weight ETF by 3.2% in the 3rd quarter. Cerity Partners LLC now owns 1,756,382 shares of the company’s stock worth $333,186,000 after buying an additional 54,925 shares during the last quarter. Focus Partners Wealth boosted its stake in Invesco S&P 500 Equal Weight ETF by 13.2% in the 3rd quarter. Focus Partners Wealth now owns 1,297,134 shares of the company’s stock worth $245,646,000 after buying an additional 150,899 shares during the last quarter. Finally, Trust Co of Tennessee boosted its stake in Invesco S&P 500 Equal Weight ETF by 8.5% in the 3rd quarter. Trust Co of Tennessee now owns 778,774 shares of the company’s stock worth $147,731,000 after buying an additional 61,157 shares during the last quarter. Institutional investors and hedge funds own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of NYSEARCA:RSP opened at $202.03 on Monday. The stock’s 50-day moving average price is $198.02 and its two-hundred day moving average price is $194.68. Invesco S&P 500 Equal Weight ETF has a 12-month low of $165.39 and a 12-month high of $205.24. The firm has a market cap of $87.72 billion, a price-to-earnings ratio of 20.10 and a beta of 0.94.

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.