Junto Capital Management LP acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 1,376,923 shares of the company’s stock, valued at approximately $241,278,000. Invesco S&P 500 Equal Weight ETF accounts for 4.7% of Junto Capital Management LP’s investment portfolio, making the stock its 2nd largest holding. Junto Capital Management LP owned 0.41% of Invesco S&P 500 Equal Weight ETF as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other institutional investors have also modified their holdings of RSP. SJS Investment Consulting Inc. lifted its stake in shares of Invesco S&P 500 Equal Weight ETF by 157.1% during the 4th quarter. SJS Investment Consulting Inc. now owns 144 shares of the company’s stock worth $25,000 after acquiring an additional 88 shares during the last quarter. FPC Investment Advisory Inc. bought a new stake in shares of Invesco S&P 500 Equal Weight ETF during the fourth quarter worth $28,000. Van ECK Associates Corp boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 105.4% during the fourth quarter. Van ECK Associates Corp now owns 152 shares of the company’s stock valued at $27,000 after purchasing an additional 78 shares during the period. Cambridge Financial Group Inc. bought a new position in shares of Invesco S&P 500 Equal Weight ETF in the fourth quarter worth about $28,000. Finally, Bridge Generations Wealth Management LLC purchased a new position in Invesco S&P 500 Equal Weight ETF in the 4th quarter worth about $29,000.
Invesco S&P 500 Equal Weight ETF Price Performance
Invesco S&P 500 Equal Weight ETF stock opened at $172.57 on Friday. The stock has a market cap of $71.78 billion, a price-to-earnings ratio of 19.70 and a beta of 1.01. The firm has a 50-day moving average of $168.67 and a two-hundred day moving average of $176.36. Invesco S&P 500 Equal Weight ETF has a 1 year low of $150.35 and a 1 year high of $188.16.
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).
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