Ieq Capital LLC Has $14.17 Million Stock Holdings in Invesco S&P 500 Equal Weight ETF $RSP

Ieq Capital LLC lifted its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 95.6% in the first quarter, according to the company in its most recent filing with the SEC. The fund owned 81,784 shares of the company’s stock after buying an additional 39,969 shares during the quarter. Ieq Capital LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $14,167,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of RSP. Brighton Jones LLC raised its stake in Invesco S&P 500 Equal Weight ETF by 3.4% in the 4th quarter. Brighton Jones LLC now owns 7,516 shares of the company’s stock worth $1,317,000 after purchasing an additional 246 shares in the last quarter. Heck Capital Advisors LLC acquired a new stake in Invesco S&P 500 Equal Weight ETF in the 4th quarter worth about $83,931,000. Bernard Wealth Management Corp. acquired a new stake in Invesco S&P 500 Equal Weight ETF in the 4th quarter worth about $251,000. AQR Capital Management LLC raised its stake in Invesco S&P 500 Equal Weight ETF by 47.4% in the 4th quarter. AQR Capital Management LLC now owns 41,712 shares of the company’s stock worth $7,309,000 after purchasing an additional 13,404 shares in the last quarter. Finally, Comerica Bank raised its stake in Invesco S&P 500 Equal Weight ETF by 23.8% in the 4th quarter. Comerica Bank now owns 303,385 shares of the company’s stock worth $53,162,000 after purchasing an additional 58,263 shares in the last quarter. Institutional investors and hedge funds own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Stock Up 0.4%

RSP stock opened at $188.85 on Thursday. Invesco S&P 500 Equal Weight ETF has a 12 month low of $150.35 and a 12 month high of $189.99. The firm has a market cap of $74.86 billion, a P/E ratio of 20.10 and a beta of 1.05. The company’s 50-day moving average price is $184.24 and its two-hundred day moving average price is $177.11.

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).