Mason Street Advisors LLC increased its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) by 70.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 259,430 shares of the company’s stock after buying an additional 106,820 shares during the period. Invesco S&P 500 Equal Weight ETF comprises 4.9% of Mason Street Advisors LLC’s investment portfolio, making the stock its 7th largest holding. Mason Street Advisors LLC owned approximately 0.06% of Invesco S&P 500 Equal Weight ETF worth $49,696,000 as of its most recent SEC filing.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. NBZ Investment Advisors LLC acquired a new position in Invesco S&P 500 Equal Weight ETF during the 3rd quarter worth approximately $26,000. Dorato Capital Management acquired a new position in Invesco S&P 500 Equal Weight ETF during the 4th quarter worth approximately $26,000. Aviso Financial Inc. acquired a new position in Invesco S&P 500 Equal Weight ETF during the 3rd quarter worth approximately $28,000. IMA Advisory Services Inc. acquired a new position in Invesco S&P 500 Equal Weight ETF during the 3rd quarter worth approximately $33,000. Finally, Cloud Capital Management LLC acquired a new position in Invesco S&P 500 Equal Weight ETF during the 3rd quarter worth approximately $35,000. Institutional investors and hedge funds own 61.18% of the company’s stock.
Invesco S&P 500 Equal Weight ETF Stock Down 0.1%
NYSEARCA RSP opened at $203.81 on Wednesday. Invesco S&P 500 Equal Weight ETF has a 52 week low of $173.00 and a 52 week high of $205.53. The stock has a market capitalization of $87.93 billion, a PE ratio of 20.10 and a beta of 0.92. The firm has a 50 day moving average of $197.92 and a two-hundred day moving average of $195.71.
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). 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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