SlateStone Wealth LLC Has $2.18 Million Stock Holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

SlateStone Wealth LLC grew its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 8.1% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 12,562 shares of the company’s stock after buying an additional 945 shares during the period. SlateStone Wealth LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $2,176,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the company. Invesco Ltd. increased its position in 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 worth $1,751,149,000 after buying an additional 2,338,882 shares during the period. Texas Permanent School Fund Corp increased its position in 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 worth $1,430,306,000 after buying an additional 6,211,920 shares during the period. LPL Financial LLC increased its position in Invesco S&P 500 Equal Weight ETF by 20.5% during the 1st quarter. LPL Financial LLC now owns 5,260,788 shares of the company’s stock worth $911,326,000 after buying an additional 894,245 shares during the period. Temasek Holdings Private Ltd bought a new position in Invesco S&P 500 Equal Weight ETF during the 4th quarter worth $720,730,000. Finally, Keybank National Association OH increased its position in Invesco S&P 500 Equal Weight ETF by 0.4% during the 1st quarter. Keybank National Association OH now owns 3,953,423 shares of the company’s stock worth $684,852,000 after buying an additional 16,832 shares during the period. Institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Price Performance

RSP stock opened at $186.53 on Wednesday. The stock has a market capitalization of $74.87 billion, a price-to-earnings ratio of 20.10 and a beta of 1.05. The business’s fifty day moving average price is $180.82 and its two-hundred day moving average price is $176.36. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $150.35 and a fifty-two week high of $188.16.

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).