Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) Shares Acquired by Arvest Investments Inc.

Arvest Investments Inc. lifted its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 2.9% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 245,804 shares of the company’s stock after acquiring an additional 7,017 shares during the quarter. Invesco S&P 500 Equal Weight ETF makes up about 6.7% of Arvest Investments Inc.’s investment portfolio, making the stock its 2nd largest position. Arvest Investments Inc. owned approximately 0.06% of Invesco S&P 500 Equal Weight ETF worth $42,581,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Beta Wealth Group Inc. raised its position in shares of Invesco S&P 500 Equal Weight ETF by 6.4% during the fourth quarter. Beta Wealth Group Inc. now owns 2,511 shares of the company’s stock worth $440,000 after acquiring an additional 150 shares during the last quarter. Tidemark LLC raised its position in shares of Invesco S&P 500 Equal Weight ETF by 31.4% during the fourth quarter. Tidemark LLC now owns 431 shares of the company’s stock worth $76,000 after acquiring an additional 103 shares during the last quarter. Ceera Investments LLC bought a new stake in shares of Invesco S&P 500 Equal Weight ETF during the fourth quarter worth $267,000. Permanent Capital Management LP bought a new stake in shares of Invesco S&P 500 Equal Weight ETF during the fourth quarter worth $25,956,000. Finally, Strategic Financial Concepts LLC raised its position in shares of Invesco S&P 500 Equal Weight ETF by 84.5% during the fourth quarter. Strategic Financial Concepts LLC now owns 73,946 shares of the company’s stock worth $12,958,000 after acquiring an additional 33,861 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Down 0.3%

RSP stock opened at $179.10 on Thursday. The business has a fifty day moving average of $170.71 and a 200-day moving average of $175.83. The company has a market cap of $72.40 billion, a P/E ratio of 20.59 and a beta of 0.99. Invesco S&P 500 Equal Weight ETF has a twelve month low of $150.35 and a twelve month high of $188.16.

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).