Creative Capital Management Investments LLC Makes New Investment in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Creative Capital Management Investments LLC acquired a new position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) in the first quarter, HoldingsChannel.com reports. The firm acquired 640 shares of the company’s stock, valued at approximately $111,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Invesco Ltd. lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 30.6% during the fourth quarter. Invesco Ltd. now owns 9,993,434 shares of the company’s stock worth $1,751,149,000 after buying an additional 2,338,882 shares in the last quarter. Texas Permanent School Fund Corp lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 318.5% during the fourth quarter. Texas Permanent School Fund Corp now owns 8,162,449 shares of the company’s stock worth $1,430,306,000 after buying an additional 6,211,920 shares in the last quarter. LPL Financial LLC lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 6.7% during the fourth quarter. LPL Financial LLC now owns 4,366,543 shares of the company’s stock worth $765,149,000 after buying an additional 275,904 shares in the last quarter. Temasek Holdings Private Ltd acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF during the fourth quarter worth $720,730,000. Finally, Keybank National Association OH lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 2.5% during the fourth quarter. Keybank National Association OH now owns 3,936,591 shares of the company’s stock worth $689,809,000 after buying an additional 94,658 shares in the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Performance

RSP opened at $177.34 on Wednesday. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $150.35 and a fifty-two week high of $188.16. The company has a market capitalization of $71.69 billion, a P/E ratio of 20.59 and a beta of 0.99. The stock has a fifty day moving average of $172.44 and a 200-day moving average of $175.50.

Invesco S&P 500 Equal Weight ETF Company 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).