AlTi Global Inc. Buys 29,357 Shares of Invesco S&P 500 Equal Weight ETF $RSP

AlTi Global Inc. lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 36.4% in the second quarter, Holdings Channel.com reports. The fund owned 110,057 shares of the company’s stock after purchasing an additional 29,357 shares during the period. Invesco S&P 500 Equal Weight ETF comprises approximately 0.5% of AlTi Global Inc.’s portfolio, making the stock its 28th largest holding. AlTi Global Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $20,362,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in RSP. Goldman Sachs Group Inc. raised its holdings in shares of Invesco S&P 500 Equal Weight ETF by 219.6% during the first quarter. Goldman Sachs Group Inc. now owns 9,102,168 shares of the company’s stock valued at $1,576,769,000 after acquiring an additional 6,254,609 shares in the last quarter. Japan Science & Technology Agency bought a new position in shares of Invesco S&P 500 Equal Weight ETF during the first quarter valued at approximately $656,908,000. Phoenix Financial Ltd. bought a new position in shares of Invesco S&P 500 Equal Weight ETF during the first quarter valued at approximately $269,253,000. Invesco Ltd. raised its holdings in shares of Invesco S&P 500 Equal Weight ETF by 12.0% during the first quarter. Invesco Ltd. now owns 11,189,061 shares of the company’s stock valued at $1,938,281,000 after acquiring an additional 1,195,627 shares in the last quarter. Finally, JPMorgan Chase & Co. raised its holdings in shares of Invesco S&P 500 Equal Weight ETF by 26.8% during the first quarter. JPMorgan Chase & Co. now owns 5,057,195 shares of the company’s stock valued at $876,058,000 after acquiring an additional 1,069,297 shares in the last quarter. Institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Stock Up 0.5%

Shares of Invesco S&P 500 Equal Weight ETF stock opened at $190.74 on Friday. The company has a market cap of $73.49 billion, a PE ratio of 20.10 and a beta of 1.05. The business has a 50 day moving average of $188.55 and a 200 day moving average of $180.86. Invesco S&P 500 Equal Weight ETF has a 52 week low of $150.35 and a 52 week high of $192.30.

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).