Invesco S&P 500 Equal Weight ETF $RSP Position Increased by Diversified Trust Co

Diversified Trust Co grew its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 20.8% in the first quarter, according to its most recent filing with the SEC. The fund owned 37,532 shares of the company’s stock after acquiring an additional 6,472 shares during the period. Diversified Trust Co’s holdings in Invesco S&P 500 Equal Weight ETF were worth $7,203,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of RSP. Baron Wealth Management LLC grew its holdings in shares of Invesco S&P 500 Equal Weight ETF by 50.9% in the 1st quarter. Baron Wealth Management LLC now owns 1,989 shares of the company’s stock worth $382,000 after acquiring an additional 671 shares during the last quarter. Nations Financial Group Inc. IA ADV lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 7.9% during the first quarter. Nations Financial Group Inc. IA ADV now owns 46,041 shares of the company’s stock valued at $8,836,000 after purchasing an additional 3,389 shares during the last quarter. Aspen Investment Management Inc lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 4.3% during the first quarter. Aspen Investment Management Inc now owns 65,707 shares of the company’s stock valued at $12,610,000 after purchasing an additional 2,737 shares during the last quarter. Old North State Trust LLC acquired a new position in shares of Invesco S&P 500 Equal Weight ETF in the 4th quarter valued at $955,000. Finally, Purpose Unlimited Inc. acquired a new position in shares of Invesco S&P 500 Equal Weight ETF in the 4th quarter valued at $92,000. 61.18% of the stock is owned by institutional investors.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of RSP opened at $209.96 on Friday. The business’s 50-day moving average price is $205.05 and its 200 day moving average price is $199.48. The stock has a market capitalization of $90.58 billion, a P/E ratio of 20.10 and a beta of 0.91. Invesco S&P 500 Equal Weight ETF has a 1-year low of $175.98 and a 1-year high of $214.30.

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.