Invesco S&P 500 Equal Weight ETF $RSP Shares Acquired by SMART Wealth LLC

SMART Wealth LLC lifted its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 33.3% in the 1st quarter, Holdings Channel.com reports. The firm owned 25,864 shares of the company’s stock after buying an additional 6,462 shares during the quarter. Invesco S&P 500 Equal Weight ETF comprises about 1.5% of SMART Wealth LLC’s portfolio, making the stock its 15th largest holding. SMART Wealth LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $4,964,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of RSP. Brookstone Capital Management increased its position in Invesco S&P 500 Equal Weight ETF by 2.5% during the fourth quarter. Brookstone Capital Management now owns 269,874 shares of the company’s stock worth $51,697,000 after buying an additional 6,481 shares in the last quarter. Banta Asset Management LP acquired a new position in shares of Invesco S&P 500 Equal Weight ETF in the fourth quarter worth $1,654,000. Allen Investment Management LLC lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 32.8% in the fourth quarter. Allen Investment Management LLC now owns 142,450 shares of the company’s stock valued at $27,286,000 after acquiring an additional 35,220 shares in the last quarter. Tennessee Valley Asset Management Partners acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF during the third quarter valued at $777,000. Finally, Vise Technologies Inc. boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 144.2% during the fourth quarter. Vise Technologies Inc. now owns 5,051 shares of the company’s stock valued at $968,000 after acquiring an additional 2,983 shares during the last quarter. Hedge funds and other institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Trading Down 0.1%

Invesco S&P 500 Equal Weight ETF stock opened at $212.77 on Wednesday. The stock has a 50-day moving average price of $206.65 and a 200 day moving average price of $200.51. Invesco S&P 500 Equal Weight ETF has a 52 week low of $179.94 and a 52 week high of $214.30. The stock has a market cap of $91.79 billion, a PE ratio of 20.10 and a beta of 0.91.

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). 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.