Bleakley Financial Group LLC Raises Stake in Invesco S&P 500 Equal Weight ETF $RSP

Bleakley Financial Group LLC boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 7.7% in the fourth quarter, HoldingsChannel reports. The fund owned 78,578 shares of the company’s stock after acquiring an additional 5,603 shares during the period. Bleakley Financial Group LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $15,052,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of RSP. Brighton Jones LLC lifted its position in Invesco S&P 500 Equal Weight ETF by 3.4% during the 4th quarter. Brighton Jones LLC now owns 7,516 shares of the company’s stock valued at $1,317,000 after acquiring an additional 246 shares during the period. Heck Capital Advisors LLC purchased a new position in Invesco S&P 500 Equal Weight ETF during the 4th quarter valued at about $83,931,000. Bison Wealth LLC lifted its position in Invesco S&P 500 Equal Weight ETF by 25.8% during 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 period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC purchased a new position in Invesco S&P 500 Equal Weight ETF during the 1st quarter valued at about $11,553,000. Finally, Gamco Investors INC. ET AL purchased a new position in Invesco S&P 500 Equal Weight ETF during the 2nd quarter valued at about $279,000. 61.18% of the stock is owned by hedge funds and other institutional investors.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of NYSEARCA RSP opened at $206.58 on Tuesday. Invesco S&P 500 Equal Weight ETF has a 1 year low of $173.00 and a 1 year high of $206.97. The stock has a market cap of $89.12 billion, a P/E ratio of 20.10 and a beta of 0.92. The firm has a 50-day moving average of $198.72 and a 200 day moving average of $196.64.

About Invesco S&P 500 Equal Weight ETF

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.