Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) is Ballast Inc.’s 8th Largest Position

Ballast Inc. increased its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 3.2% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 83,474 shares of the company’s stock after buying an additional 2,608 shares during the quarter. Invesco S&P 500 Equal Weight ETF comprises approximately 4.1% of Ballast Inc.’s investment portfolio, making the stock its 8th largest holding. Ballast Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $14,460,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in RSP. Strategic Family Wealth Counselors L.L.C. lifted its holdings in Invesco S&P 500 Equal Weight ETF by 2.5% in the 1st quarter. Strategic Family Wealth Counselors L.L.C. now owns 53,961 shares of the company’s stock valued at $9,348,000 after purchasing an additional 1,320 shares in the last quarter. GAMMA Investing LLC lifted its holdings in Invesco S&P 500 Equal Weight ETF by 21.9% in the 1st quarter. GAMMA Investing LLC now owns 2,737 shares of the company’s stock valued at $474,000 after purchasing an additional 492 shares in the last quarter. Rhumbline Advisers lifted its holdings in Invesco S&P 500 Equal Weight ETF by 6.1% in the 1st quarter. Rhumbline Advisers now owns 15,236 shares of the company’s stock valued at $2,639,000 after purchasing an additional 873 shares in the last quarter. Alliancebernstein L.P. lifted its holdings in Invesco S&P 500 Equal Weight ETF by 113.7% in the 4th quarter. Alliancebernstein L.P. now owns 30,224 shares of the company’s stock valued at $5,296,000 after purchasing an additional 16,084 shares in the last quarter. Finally, Farmers Trust Co. raised its holdings in shares of Invesco S&P 500 Equal Weight ETF by 16.3% during the 1st quarter. Farmers Trust Co. now owns 9,516 shares of the company’s stock worth $1,648,000 after acquiring an additional 1,332 shares during the period. Institutional investors and hedge funds own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Trading Up 0.2%

Shares of NYSEARCA:RSP opened at $183.08 on Monday. The business has a 50-day moving average price of $182.03 and a 200 day moving average price of $176.56. The company has a market capitalization of $73.49 billion, a price-to-earnings ratio of 20.10 and a beta of 1.05. Invesco S&P 500 Equal Weight ETF has a 12-month low of $150.35 and a 12-month high of $188.16.

Invesco S&P 500 Equal Weight ETF 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).