Blue Zone Wealth Advisors LLC Buys New Stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Blue Zone Wealth Advisors LLC bought a new stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 2,000 shares of the company’s stock, valued at approximately $346,000.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Invesco Ltd. lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 30.6% during the 4th quarter. Invesco Ltd. now owns 9,993,434 shares of the company’s stock valued at $1,751,149,000 after acquiring an additional 2,338,882 shares in the last quarter. Strategic Financial Concepts LLC lifted its holdings 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 valued at $1,487,984,000 after acquiring an additional 8,451,521 shares in the last quarter. Texas Permanent School Fund Corp lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 318.5% during the 4th quarter. Texas Permanent School Fund Corp now owns 8,162,449 shares of the company’s stock valued at $1,430,306,000 after acquiring an additional 6,211,920 shares in the last quarter. LPL Financial LLC lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 6.7% during the 4th quarter. LPL Financial LLC now owns 4,366,543 shares of the company’s stock valued at $765,149,000 after acquiring an additional 275,904 shares in the last quarter. Finally, Temasek Holdings Private Ltd acquired a new position in shares of Invesco S&P 500 Equal Weight ETF during the 4th quarter valued at $720,730,000.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of RSP stock opened at $178.69 on Friday. Invesco S&P 500 Equal Weight ETF has a 12 month low of $150.35 and a 12 month high of $188.16. The firm has a market capitalization of $72.23 billion, a P/E ratio of 20.59 and a beta of 0.99. The company’s fifty day moving average price is $169.94 and its two-hundred day moving average price is $175.93.

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).