Invesco S&P 500 Equal Weight ETF $RSP is Ascent Wealth Partners LLC’s 6th Largest Position

Ascent Wealth Partners LLC increased its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 12.6% in the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund owned 114,734 shares of the company’s stock after purchasing an additional 12,851 shares during the quarter. Invesco S&P 500 Equal Weight ETF accounts for 2.6% of Ascent Wealth Partners LLC’s investment portfolio, making the stock its 6th biggest holding. Ascent Wealth Partners LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $22,020,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Brookstone Capital Management boosted its holdings in Invesco S&P 500 Equal Weight ETF by 2.5% in the fourth quarter. Brookstone Capital Management now owns 269,874 shares of the company’s stock valued at $51,697,000 after acquiring an additional 6,481 shares during the last quarter. Banta Asset Management LP acquired a new stake in Invesco S&P 500 Equal Weight ETF during the fourth quarter worth about $1,654,000. Allen Investment Management LLC increased its stake in Invesco S&P 500 Equal Weight ETF by 32.8% during the fourth quarter. Allen Investment Management LLC now owns 142,450 shares of the company’s stock worth $27,286,000 after acquiring an additional 35,220 shares during the last quarter. Vise Technologies Inc. raised its holdings in shares of Invesco S&P 500 Equal Weight ETF by 144.2% in the 4th quarter. Vise Technologies Inc. now owns 5,051 shares of the company’s stock worth $968,000 after purchasing an additional 2,983 shares during the period. Finally, Capital Investment Advisory Services LLC raised its holdings in shares of Invesco S&P 500 Equal Weight ETF by 67.5% in the 4th quarter. Capital Investment Advisory Services LLC now owns 70,925 shares of the company’s stock worth $13,586,000 after purchasing an additional 28,586 shares during the period. 61.18% of the stock is currently owned by hedge funds and other institutional investors.

Invesco S&P 500 Equal Weight ETF Price Performance

NYSEARCA RSP opened at $213.37 on Friday. Invesco S&P 500 Equal Weight ETF has a 1-year low of $179.94 and a 1-year high of $216.37. The firm has a market capitalization of $95.81 billion, a P/E ratio of 20.10 and a beta of 0.91. The business’s 50-day simple moving average is $209.58 and its 200-day simple moving average is $202.35.

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.