Montis Financial LLC increased its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) by 32.0% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 127,737 shares of the company’s stock after purchasing an additional 30,988 shares during the period. Invesco S&P 500 Equal Weight ETF accounts for about 5.6% of Montis Financial LLC’s holdings, making the stock its 6th biggest position. Montis Financial LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $24,232,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other large investors have also recently bought and sold shares of the company. Investment Counsel Co. of Nevada acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF during the second quarter valued at $29,000. Tompkins Financial Corp acquired a new position in Invesco S&P 500 Equal Weight ETF in the 3rd quarter valued at about $32,000. GoalVest Advisory LLC purchased a new position in Invesco S&P 500 Equal Weight ETF in the 2nd quarter valued at about $34,000. Howe & Rusling Inc. lifted its holdings in Invesco S&P 500 Equal Weight ETF by 51.9% in the 2nd quarter. Howe & Rusling Inc. now owns 287 shares of the company’s stock valued at $52,000 after purchasing an additional 98 shares in the last quarter. Finally, Hanson & Doremus Investment Management boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 30.5% during the 2nd quarter. Hanson & Doremus Investment Management now owns 308 shares of the company’s stock worth $56,000 after purchasing an additional 72 shares during the last quarter. Institutional investors and hedge funds own 61.18% of the company’s stock.
Invesco S&P 500 Equal Weight ETF Price Performance
Shares of NYSEARCA RSP opened at $199.56 on Friday. The company has a 50-day simple moving average of $191.75 and a 200-day simple moving average of $188.70. The company has a market cap of $79.49 billion, a PE ratio of 20.10 and a beta of 0.99. Invesco S&P 500 Equal Weight ETF has a 12 month low of $150.35 and a 12 month high of $200.11.
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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