Aprio Wealth Management LLC boosted its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) by 100.9% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 15,798 shares of the company’s stock after acquiring an additional 7,933 shares during the period. Aprio Wealth Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $3,026,000 at the end of the most recent reporting period.
Several other institutional investors also recently bought and sold shares of the business. Brighton Jones LLC grew its position 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 valued at $1,317,000 after purchasing an additional 246 shares during the period. Heck Capital Advisors LLC purchased a new position in Invesco S&P 500 Equal Weight ETF during the fourth quarter worth about $83,931,000. Bison Wealth LLC boosted 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 buying an additional 4,295 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC acquired a new stake in Invesco S&P 500 Equal Weight ETF in the 1st quarter worth about $11,553,000. Finally, Gamco Investors INC. ET AL purchased a new stake in Invesco S&P 500 Equal Weight ETF in the 2nd quarter valued at about $279,000. 61.18% of the stock is currently owned by institutional investors and hedge funds.
Invesco S&P 500 Equal Weight ETF Price Performance
NYSEARCA RSP opened at $202.03 on Monday. Invesco S&P 500 Equal Weight ETF has a 12 month low of $165.39 and a 12 month high of $205.24. The company has a 50-day moving average of $198.02 and a 200-day moving average of $194.68. The company has a market cap of $87.72 billion, a P/E ratio of 20.10 and a beta of 0.94.
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.
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