Visualize Group LP Buys New Holdings in Invesco S&P 500 Equal Weight ETF $RSP

Visualize Group LP purchased a new position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) during the first quarter, HoldingsChannel reports. The firm purchased 117,300 shares of the company’s stock, valued at approximately $22,512,000. Invesco S&P 500 Equal Weight ETF makes up about 9.3% of Visualize Group LP’s portfolio, making the stock its 8th biggest holding.

Several other institutional investors and hedge funds have also recently bought and sold shares of RSP. Cary Street Partners Investment Advisory LLC increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 5.5% during the 4th quarter. Cary Street Partners Investment Advisory LLC now owns 982 shares of the company’s stock worth $188,000 after acquiring an additional 51 shares during the last quarter. Ballast Rock Private Wealth LLC increased its stake in shares of Invesco S&P 500 Equal Weight ETF by 0.8% during the first quarter. Ballast Rock Private Wealth LLC now owns 6,800 shares of the company’s stock worth $1,305,000 after purchasing an additional 51 shares during the period. Pacific Point Advisors LLC increased its position in Invesco S&P 500 Equal Weight ETF by 4.2% during the 4th quarter. Pacific Point Advisors LLC now owns 1,305 shares of the company’s stock worth $250,000 after buying an additional 52 shares during the period. Merkkuri Wealth Advisors LLC increased its position in Invesco S&P 500 Equal Weight ETF by 0.5% during the first quarter. Merkkuri Wealth Advisors LLC now owns 11,865 shares of the company’s stock worth $2,277,000 after acquiring an additional 54 shares during the period. Finally, Jessup Wealth Management Inc increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 1.8% during the fourth quarter. Jessup Wealth Management Inc now owns 3,068 shares of the company’s stock worth $588,000 after purchasing an additional 55 shares during the period. Institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of NYSEARCA RSP opened at $213.57 on Monday. The stock has a market capitalization of $95.89 billion, a PE ratio of 20.10 and a beta of 0.91. The business has a fifty day moving average price of $210.53 and a two-hundred day moving average price of $203.11. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $179.94 and a fifty-two week high of $216.37.

Invesco S&P 500 Equal Weight ETF Company 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.