LPL Financial LLC Grows Stock Position in Invesco S&P 500 Equal Weight ETF $RSP

LPL Financial LLC boosted its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 7.1% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 5,486,948 shares of the company’s stock after buying an additional 362,412 shares during the quarter. LPL Financial LLC owned approximately 1.32% of Invesco S&P 500 Equal Weight ETF worth $1,051,080,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also bought and sold shares of the company. Franklin Resources Inc. grew its position in shares of Invesco S&P 500 Equal Weight ETF by 3.3% in the fourth quarter. Franklin Resources Inc. now owns 102,144 shares of the company’s stock valued at $19,567,000 after purchasing an additional 3,265 shares in the last quarter. Erste Asset Management GmbH grew its position in shares of Invesco S&P 500 Equal Weight ETF by 127.0% in the fourth quarter. Erste Asset Management GmbH now owns 683,360 shares of the company’s stock valued at $130,904,000 after purchasing an additional 382,300 shares in the last quarter. O Shaughnessy Asset Management LLC grew its position in shares of Invesco S&P 500 Equal Weight ETF by 6.0% in the fourth quarter. O Shaughnessy Asset Management LLC now owns 25,372 shares of the company’s stock valued at $4,860,000 after purchasing an additional 1,447 shares in the last quarter. Hilton Head Capital Partners LLC purchased a new position in shares of Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at $126,000. Finally, Endeavor Private Wealth Inc. grew its position in shares of Invesco S&P 500 Equal Weight ETF by 12.1% in the fourth quarter. Endeavor Private Wealth Inc. now owns 4,664 shares of the company’s stock valued at $893,000 after purchasing an additional 503 shares in the last quarter. 61.18% of the stock is owned by hedge funds and other institutional investors.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of NYSEARCA RSP opened at $207.83 on Monday. The stock has a market cap of $89.66 billion, a PE ratio of 20.10 and a beta of 0.91. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $175.98 and a fifty-two week high of $210.95. The stock has a fifty day moving average of $201.54 and a 200-day moving average of $197.97.

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.