Dupont Capital Management Corp acquired a new stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 57,575 shares of the company’s stock, valued at approximately $11,029,000. Invesco S&P 500 Equal Weight ETF accounts for 1.2% of Dupont Capital Management Corp’s portfolio, making the stock its 26th biggest holding.
A number of other large investors also recently modified their holdings of the company. Northwestern Mutual Wealth Management Co. boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 2.6% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 25,293,041 shares of the company’s stock valued at $4,798,090,000 after acquiring an additional 635,369 shares during the period. Phoenix Financial Ltd. boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 13.8% in the third quarter. Phoenix Financial Ltd. now owns 1,768,432 shares of the company’s stock valued at $335,472,000 after acquiring an additional 214,432 shares during the period. Cerity Partners LLC boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 3.2% in the third quarter. Cerity Partners LLC now owns 1,756,382 shares of the company’s stock valued at $333,186,000 after acquiring an additional 54,925 shares during the period. Lbmc Investment Advisors LLC boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 0.5% in the third quarter. Lbmc Investment Advisors LLC now owns 1,336,510 shares of the company’s stock valued at $253,536,000 after acquiring an additional 6,770 shares during the period. Finally, Focus Partners Wealth boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 13.2% in the third quarter. Focus Partners Wealth now owns 1,297,134 shares of the company’s stock valued at $245,646,000 after acquiring an additional 150,899 shares during the period. 61.18% of the stock is currently owned by institutional investors.
Invesco S&P 500 Equal Weight ETF Trading Up 0.5%
RSP stock opened at $200.64 on Friday. The firm has a 50 day moving average of $197.99 and a 200-day moving average of $194.11. Invesco S&P 500 Equal Weight ETF has a 12 month low of $157.71 and a 12 month high of $205.24. The firm has a market capitalization of $87.89 billion, a P/E ratio of 20.10 and a beta of 0.94.
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). 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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