Fiduciary Family Office LLC acquired a new position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 257,411 shares of the company’s stock, valued at approximately $45,106,000. Invesco S&P 500 Equal Weight ETF makes up about 13.3% of Fiduciary Family Office LLC’s holdings, making the stock its largest position. Fiduciary Family Office LLC owned about 0.08% of Invesco S&P 500 Equal Weight ETF as of its most recent filing with the Securities & Exchange Commission.
A number of other institutional investors have also recently added to or reduced their stakes in the stock. Northwestern Mutual Wealth Management Co. boosted its holdings in Invesco S&P 500 Equal Weight ETF by 855.5% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 20,539,639 shares of the company’s stock worth $3,379,816,000 after buying an additional 18,390,083 shares in the last quarter. LPL Financial LLC boosted its holdings in Invesco S&P 500 Equal Weight ETF by 9.5% during the third quarter. LPL Financial LLC now owns 4,090,639 shares of the company’s stock worth $732,879,000 after buying an additional 354,184 shares in the last quarter. Healthcare of Ontario Pension Plan Trust Fund boosted its holdings in Invesco S&P 500 Equal Weight ETF by 4.2% during the third quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 2,438,000 shares of the company’s stock worth $436,792,000 after buying an additional 98,000 shares in the last quarter. Citigroup Inc. boosted its holdings in Invesco S&P 500 Equal Weight ETF by 10.6% during the third quarter. Citigroup Inc. now owns 2,082,326 shares of the company’s stock worth $373,069,000 after buying an additional 198,793 shares in the last quarter. Finally, Lbmc Investment Advisors LLC boosted its holdings in Invesco S&P 500 Equal Weight ETF by 0.3% during the fourth quarter. Lbmc Investment Advisors LLC now owns 1,342,693 shares of the company’s stock worth $235,280,000 after buying an additional 4,262 shares in the last quarter.
Invesco S&P 500 Equal Weight ETF Trading Down 0.4 %
RSP stock opened at $181.49 on Thursday. The company has a market cap of $60.79 billion, a P/E ratio of 20.44 and a beta of 0.90. The company’s 50-day moving average price is $180.36 and its 200 day moving average price is $176.40. Invesco S&P 500 Equal Weight ETF has a 52 week low of $155.79 and a 52 week high of $188.16.
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).
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