Vectors Research Management LLC Raises Stock Holdings in Invesco S&P 500 Equal Weight ETF $RSP

Vectors Research Management LLC boosted its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 4.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 126,619 shares of the company’s stock after purchasing an additional 5,970 shares during the quarter. Invesco S&P 500 Equal Weight ETF comprises 7.4% of Vectors Research Management LLC’s investment portfolio, making the stock its biggest position. Vectors Research Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $24,255,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. Drucker Wealth 3.0 LLC lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 16.7% during the 4th quarter. Drucker Wealth 3.0 LLC now owns 1,985 shares of the company’s stock worth $380,000 after acquiring an additional 284 shares during the period. LJI Wealth Management LLC increased its stake in Invesco S&P 500 Equal Weight ETF by 58.5% in the fourth quarter. LJI Wealth Management LLC now owns 3,509 shares of the company’s stock valued at $672,000 after acquiring an additional 1,295 shares during the last quarter. Manning & Napier Advisors LLC raised its position in Invesco S&P 500 Equal Weight ETF by 12.1% during the fourth quarter. Manning & Napier Advisors LLC now owns 143,025 shares of the company’s stock valued at $27,634,000 after purchasing an additional 15,402 shares in the last quarter. Ballast Inc. raised its position in Invesco S&P 500 Equal Weight ETF by 3.9% during the fourth quarter. Ballast Inc. now owns 95,336 shares of the company’s stock valued at $18,263,000 after purchasing an additional 3,615 shares in the last quarter. Finally, Costello Asset Management INC lifted its stake in Invesco S&P 500 Equal Weight ETF by 1.2% during the fourth quarter. Costello Asset Management INC now owns 21,817 shares of the company’s stock worth $4,179,000 after purchasing an additional 256 shares during the last quarter. Institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Price Performance

NYSEARCA RSP opened at $204.10 on Friday. The business has a fifty day moving average price of $197.95 and a two-hundred day moving average price of $195.42. The stock has a market capitalization of $88.05 billion, a PE ratio of 20.10 and a beta of 0.92. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $172.10 and a fifty-two week high of $205.53.

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). The Index utilizes quarterly rebalancing to maintain its equal-weight stance. Under normal circumstances, the Fund will invest at least 90% of its net assets, plus any borrowing for investment purposes, in the equity securities (and derivatives thereof) included in the Index.