Lido Advisors LLC reduced its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) by 3.0% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 132,974 shares of the company’s stock after selling 4,075 shares during the period. Lido Advisors LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $25,352,000 at the end of the most recent reporting period.
Several other institutional investors also recently made changes to their positions in the stock. Northwestern Mutual Wealth Management Co. boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 3.8% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 26,252,217 shares of the company’s stock worth $5,028,875,000 after purchasing an additional 959,176 shares in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 0.3% during the 4th quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 3,579,650 shares of the company’s stock worth $685,718,000 after purchasing an additional 9,309 shares in the last quarter. Varma Mutual Pension Insurance Co purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 4th quarter worth $327,184,000. BW Gestao de Investimentos Ltda. purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 4th quarter worth $287,168,000. Finally, HighTower Advisors LLC boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 4.1% during the 4th quarter. HighTower Advisors LLC now owns 1,409,611 shares of the company’s stock worth $270,025,000 after purchasing an additional 55,250 shares in the last quarter. 61.18% of the stock is currently owned by hedge funds and other institutional investors.
Invesco S&P 500 Equal Weight ETF Stock Performance
Shares of NYSEARCA RSP opened at $210.83 on Friday. The firm has a market capitalization of $90.95 billion, a P/E ratio of 20.10 and a beta of 0.91. Invesco S&P 500 Equal Weight ETF has a one year low of $175.98 and a one year high of $210.95. The company’s fifty day moving average is $201.24 and its two-hundred day moving average is $197.81.
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.
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