Mercer Global Advisors Inc. ADV Raises Holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Mercer Global Advisors Inc. ADV boosted its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 55.7% during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 337,991 shares of the company’s stock after buying an additional 120,942 shares during the quarter. Mercer Global Advisors Inc. ADV’s holdings in Invesco S&P 500 Equal Weight ETF were worth $59,226,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. Invesco Ltd. lifted its stake in shares of Invesco S&P 500 Equal Weight ETF by 30.6% during the fourth quarter. Invesco Ltd. now owns 9,993,434 shares of the company’s stock valued at $1,751,149,000 after buying an additional 2,338,882 shares during the period. Strategic Financial Concepts LLC lifted its stake in shares of Invesco S&P 500 Equal Weight ETF by 21,084.0% during the 4th quarter. Strategic Financial Concepts LLC now owns 8,491,606 shares of the company’s stock worth $1,487,984,000 after purchasing an additional 8,451,521 shares during the period. Texas Permanent School Fund Corp boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 318.5% during the fourth quarter. Texas Permanent School Fund Corp now owns 8,162,449 shares of the company’s stock worth $1,430,306,000 after purchasing an additional 6,211,920 shares during the last quarter. LPL Financial LLC grew its position in shares of Invesco S&P 500 Equal Weight ETF by 6.7% in the fourth quarter. LPL Financial LLC now owns 4,366,543 shares of the company’s stock valued at $765,149,000 after purchasing an additional 275,904 shares during the period. Finally, Keybank National Association OH increased its stake in Invesco S&P 500 Equal Weight ETF by 2.5% in the fourth quarter. Keybank National Association OH now owns 3,936,591 shares of the company’s stock valued at $689,809,000 after purchasing an additional 94,658 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of RSP stock opened at $169.14 on Thursday. Invesco S&P 500 Equal Weight ETF has a 1-year low of $150.35 and a 1-year high of $188.16. The firm’s 50-day simple moving average is $169.74 and its 200-day simple moving average is $176.84. The firm has a market cap of $70.36 billion, a P/E ratio of 19.70 and a beta of 1.01.

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).