Invesco S&P 500 Equal Weight ETF $RSP Shares Purchased by Turtle Creek Wealth Advisors LLC

Turtle Creek Wealth Advisors LLC increased its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 530.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 17,303 shares of the company’s stock after acquiring an additional 14,559 shares during the period. Turtle Creek Wealth Advisors LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $3,315,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Northwestern Mutual Wealth Management Co. grew its holdings in Invesco S&P 500 Equal Weight ETF by 2.6% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 25,293,041 shares of the company’s stock valued at $4,798,090,000 after purchasing an additional 635,369 shares during the period. Endurance Services Ltd acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF in the third quarter worth approximately $96,962,000. Schusterman Interests LLC boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 420.8% in the third quarter. Schusterman Interests LLC now owns 625,000 shares of the company’s stock worth $118,562,000 after acquiring an additional 505,000 shares during the last quarter. Heck Capital Advisors LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF in the fourth quarter worth approximately $83,931,000. Finally, CIBC Bancorp USA Inc. purchased a new position in Invesco S&P 500 Equal Weight ETF during the third quarter worth approximately $72,022,000. 61.18% of the stock is owned by institutional investors and hedge funds.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of Invesco S&P 500 Equal Weight ETF stock opened at $202.45 on Friday. Invesco S&P 500 Equal Weight ETF has a one year low of $164.58 and a one year high of $205.24. The company has a market cap of $87.89 billion, a price-to-earnings ratio of 20.10 and a beta of 0.94. The business’s 50 day moving average price is $198.04 and its 200 day moving average price is $194.55.

About Invesco S&P 500 Equal Weight ETF

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.