Mercer Global Advisors Inc. ADV increased its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) by 55.7% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 337,991 shares of the company’s stock after purchasing an additional 120,942 shares during the quarter. Mercer Global Advisors Inc. ADV owned 0.10% of Invesco S&P 500 Equal Weight ETF worth $59,226,000 at the end of the most recent quarter.
Several other large investors also recently bought and sold shares of the stock. Keene & Associates Inc. raised its stake in Invesco S&P 500 Equal Weight ETF by 0.6% in the fourth quarter. Keene & Associates Inc. now owns 9,901 shares of the company’s stock valued at $1,735,000 after buying an additional 56 shares in the last quarter. Atlantic Union Bankshares Corp lifted its stake in Invesco S&P 500 Equal Weight ETF by 2.0% during the fourth quarter. Atlantic Union Bankshares Corp now owns 2,857 shares of the company’s stock worth $501,000 after purchasing an additional 56 shares during the last quarter. Beaumont Financial Advisors LLC boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 3.2% in the 4th quarter. Beaumont Financial Advisors LLC now owns 1,866 shares of the company’s stock valued at $327,000 after buying an additional 58 shares in the last quarter. Ingalls & Snyder LLC increased its position in shares of Invesco S&P 500 Equal Weight ETF by 1.6% during the fourth quarter. Ingalls & Snyder LLC now owns 3,626 shares of the company’s stock worth $635,000 after purchasing an additional 58 shares in the last quarter. Finally, Boston Standard Wealth Management LLC grew its stake in Invesco S&P 500 Equal Weight ETF by 3.7% during the 4th quarter. Boston Standard Wealth Management LLC now owns 1,709 shares of the company’s stock worth $300,000 after buying an additional 61 shares during the last quarter.
Invesco S&P 500 Equal Weight ETF Price Performance
Shares of NYSEARCA:RSP opened at $169.14 on Thursday. Invesco S&P 500 Equal Weight ETF has a 1-year low of $150.35 and a 1-year high of $188.16. The stock has a market cap of $70.36 billion, a P/E ratio of 19.70 and a beta of 1.01. The firm has a fifty day moving average price of $169.74 and a 200 day moving average price of $176.84.
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).
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