LPL Financial LLC Increases Stock Holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

LPL Financial LLC lifted its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 6.7% in the fourth quarter, Holdings Channel.com reports. The firm owned 4,366,543 shares of the company’s stock after buying an additional 275,904 shares during the period. LPL Financial LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $765,149,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Samalin Investment Counsel LLC boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 1.2% in the 4th quarter. Samalin Investment Counsel LLC now owns 7,411 shares of the company’s stock worth $1,299,000 after purchasing an additional 89 shares during the period. Del Sette Capital Management LLC purchased a new position in shares of Invesco S&P 500 Equal Weight ETF in the 4th quarter worth approximately $14,429,000. Simplex Trading LLC purchased a new position in shares of Invesco S&P 500 Equal Weight ETF in the 4th quarter worth approximately $2,978,000. Blueprint Investment Partners LLC boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 247.5% in the 4th quarter. Blueprint Investment Partners LLC now owns 10,189 shares of the company’s stock worth $1,785,000 after purchasing an additional 7,257 shares during the period. Finally, Optimum Investment Advisors lifted its stake in shares of Invesco S&P 500 Equal Weight ETF by 5.6% during the 4th quarter. Optimum Investment Advisors now owns 6,718 shares of the company’s stock worth $1,177,000 after acquiring an additional 359 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of RSP stock opened at $173.84 on Friday. Invesco S&P 500 Equal Weight ETF has a 52-week low of $158.83 and a 52-week high of $188.16. The firm has a market capitalization of $72.42 billion, a P/E ratio of 20.93 and a beta of 1.07. The stock has a 50 day moving average price of $178.66 and a 200 day moving average price of $179.06.

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).