Migdal Insurance & Financial Holdings Ltd. Acquires 17,506 Shares of Invesco S&P 500 Equal Weight ETF $RSP

Migdal Insurance & Financial Holdings Ltd. boosted its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 778.4% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 19,755 shares of the company’s stock after buying an additional 17,506 shares during the quarter. Migdal Insurance & Financial Holdings Ltd.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $3,784,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Pacific Point Advisors LLC lifted its stake in shares of Invesco S&P 500 Equal Weight ETF by 4.2% during the 4th quarter. Pacific Point Advisors LLC now owns 1,305 shares of the company’s stock worth $250,000 after acquiring an additional 52 shares during the last quarter. Drucker Wealth 3.0 LLC grew its position in Invesco S&P 500 Equal Weight ETF by 3.3% in the 3rd quarter. Drucker Wealth 3.0 LLC now owns 1,701 shares of the company’s stock valued at $323,000 after acquiring an additional 55 shares during the last quarter. Strategies Wealth Advisors LLC grew its position in Invesco S&P 500 Equal Weight ETF by 3.5% in the 3rd quarter. Strategies Wealth Advisors LLC now owns 1,618 shares of the company’s stock valued at $307,000 after acquiring an additional 55 shares during the last quarter. Battery Global Advisors LLC increased its stake in Invesco S&P 500 Equal Weight ETF by 0.4% in the third quarter. Battery Global Advisors LLC now owns 12,710 shares of the company’s stock worth $2,411,000 after purchasing an additional 55 shares during the period. Finally, Burns J W & Co. Inc. NY lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 0.4% during the third quarter. Burns J W & Co. Inc. NY now owns 13,281 shares of the company’s stock worth $2,519,000 after purchasing an additional 57 shares during the last quarter. Hedge funds and other institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of RSP opened at $202.55 on Wednesday. The firm has a market capitalization of $88.68 billion, a price-to-earnings ratio of 20.10 and a beta of 0.94. The company has a 50-day moving average of $198.02 and a 200 day moving average of $194.44. Invesco S&P 500 Equal Weight ETF has a 1-year low of $160.93 and a 1-year high of $205.24.

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). 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.