Arkos Global Advisors Acquires 14,935 Shares of Invesco S&P 500 Equal Weight ETF $RSP

Arkos Global Advisors increased its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 107.7% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 28,806 shares of the company’s stock after buying an additional 14,935 shares during the period. Invesco S&P 500 Equal Weight ETF accounts for approximately 0.7% of Arkos Global Advisors’ holdings, making the stock its 23rd biggest holding. Arkos Global Advisors’ holdings in Invesco S&P 500 Equal Weight ETF were worth $5,465,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Brighton Jones LLC lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 3.4% during the fourth quarter. Brighton Jones LLC now owns 7,516 shares of the company’s stock worth $1,317,000 after purchasing an additional 246 shares in the last quarter. Heck Capital Advisors LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at approximately $83,931,000. Bison Wealth LLC increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 25.8% in the fourth quarter. Bison Wealth LLC now owns 20,957 shares of the company’s stock valued at $3,672,000 after purchasing an additional 4,295 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC bought a new position in Invesco S&P 500 Equal Weight ETF in the 1st quarter worth approximately $11,553,000. Finally, Vise Technologies Inc. bought a new position in Invesco S&P 500 Equal Weight ETF in the 2nd quarter worth approximately $369,000. Institutional investors and hedge funds own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Stock Performance

NYSEARCA:RSP opened at $193.52 on Friday. The company has a market cap of $80.25 billion, a price-to-earnings ratio of 20.10 and a beta of 0.99. The stock’s fifty day moving average price is $199.87 and its two-hundred day moving average price is $193.17. Invesco S&P 500 Equal Weight ETF has a 52-week low of $150.35 and a 52-week high of $205.24.

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.