Pittenger & Anderson Inc. grew its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) by 472.8% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 116,733 shares of the company’s stock after purchasing an additional 96,355 shares during the period. Pittenger & Anderson Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $22,403,000 at the end of the most recent quarter.
A number of other institutional investors have also modified their holdings of RSP. Brighton Jones LLC boosted its position in Invesco S&P 500 Equal Weight ETF by 3.4% during the fourth quarter. Brighton Jones LLC now owns 7,516 shares of the company’s stock worth $1,317,000 after acquiring an additional 246 shares during the last quarter. Heck Capital Advisors LLC acquired a new position in Invesco S&P 500 Equal Weight ETF in the 4th quarter valued at $83,931,000. Bison Wealth LLC raised its holdings in Invesco S&P 500 Equal Weight ETF by 25.8% in the 4th quarter. Bison Wealth LLC now owns 20,957 shares of the company’s stock valued at $3,672,000 after acquiring an additional 4,295 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC purchased a new position in shares of Invesco S&P 500 Equal Weight ETF during the 1st quarter worth $11,553,000. Finally, Gamco Investors INC. ET AL acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF during the second quarter worth $279,000. Institutional investors and hedge funds own 61.18% of the company’s stock.
Invesco S&P 500 Equal Weight ETF Stock Up 0.4%
Shares of NYSEARCA:RSP traded up $0.80 during midday trading on Friday, reaching $214.30. The company’s stock had a trading volume of 5,539,473 shares, compared to its average volume of 14,463,745. The firm has a market cap of $96.73 billion, a price-to-earnings ratio of 20.10 and a beta of 0.91. Invesco S&P 500 Equal Weight ETF has a 1 year low of $179.94 and a 1 year high of $216.37. The business has a 50 day moving average price of $208.58 and a 200 day moving average price of $201.64.
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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