Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) Stock Holdings Lifted by Vanderbilt University

Vanderbilt University increased its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 0.5% during the 1st quarter, Holdings Channel reports. The institutional investor owned 461,323 shares of the company’s stock after purchasing an additional 2,184 shares during the period. Invesco S&P 500 Equal Weight ETF comprises 15.3% of Vanderbilt University’s holdings, making the stock its largest holding. Vanderbilt University’s holdings in Invesco S&P 500 Equal Weight ETF were worth $79,915,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Van ECK Associates Corp lifted its position in Invesco S&P 500 Equal Weight ETF by 105.4% during the 4th quarter. Van ECK Associates Corp now owns 152 shares of the company’s stock worth $27,000 after acquiring an additional 78 shares during the period. FPC Investment Advisory Inc. acquired a new stake in Invesco S&P 500 Equal Weight ETF during the 4th quarter worth about $28,000. Cambridge Financial Group Inc. acquired a new stake in Invesco S&P 500 Equal Weight ETF during the 4th quarter worth about $28,000. Joseph Group Capital Management acquired a new stake in Invesco S&P 500 Equal Weight ETF during the 4th quarter worth about $29,000. Finally, Bridge Generations Wealth Management LLC acquired a new stake in Invesco S&P 500 Equal Weight ETF during the 4th quarter worth about $29,000.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of RSP opened at $177.36 on Friday. The stock has a 50-day moving average of $173.04 and a two-hundred day moving average of $175.45. Invesco S&P 500 Equal Weight ETF has a one year low of $150.35 and a one year high of $188.16. The stock has a market cap of $71.69 billion, a P/E ratio of 20.59 and a beta of 0.99.

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).