Empirical Asset Management LLC Grows Stock Position in Invesco S&P 500 Equal Weight ETF $RSP

Empirical Asset Management LLC raised its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 417.0% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 11,544 shares of the company’s stock after acquiring an additional 9,311 shares during the quarter. Empirical Asset Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $2,190,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in RSP. Brighton Jones LLC increased its stake in Invesco S&P 500 Equal Weight ETF by 3.4% during the 4th quarter. Brighton Jones LLC now owns 7,516 shares of the company’s stock worth $1,317,000 after buying an additional 246 shares during the period. Heck Capital Advisors LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF during the fourth quarter worth about $83,931,000. Bison Wealth LLC increased its position in shares of Invesco S&P 500 Equal Weight ETF by 25.8% during the fourth quarter. Bison Wealth LLC now owns 20,957 shares of the company’s stock worth $3,672,000 after acquiring an additional 4,295 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC acquired a new position in shares of Invesco S&P 500 Equal Weight ETF in the first quarter worth about $11,553,000. Finally, Wealthfront Advisers LLC boosted its holdings in Invesco S&P 500 Equal Weight ETF by 23.9% in the second quarter. Wealthfront Advisers LLC now owns 27,476 shares of the company’s stock valued at $4,993,000 after purchasing an additional 5,294 shares during the last quarter. 61.18% of the stock is owned by institutional investors and hedge funds.

Invesco S&P 500 Equal Weight ETF Stock Up 0.8%

Shares of NYSEARCA RSP opened at $203.46 on Wednesday. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $150.35 and a fifty-two week high of $205.24. The business has a 50 day moving average price of $198.00 and a two-hundred day moving average price of $191.97. The firm has a market cap of $84.37 billion, a PE ratio of 20.10 and a beta of 0.99.

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.