CBIZ Investment Advisory Services LLC Has $49.14 Million Stake in Invesco S&P 500 Equal Weight ETF $RSP

CBIZ Investment Advisory Services LLC increased its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 20.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 257,030 shares of the company’s stock after buying an additional 43,580 shares during the quarter. Invesco S&P 500 Equal Weight ETF comprises approximately 1.9% of CBIZ Investment Advisory Services LLC’s holdings, making the stock its 8th largest position. CBIZ Investment Advisory Services LLC owned 0.06% of Invesco S&P 500 Equal Weight ETF worth $49,137,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in RSP. Varma Mutual Pension Insurance Co bought a new position in Invesco S&P 500 Equal Weight ETF during the 4th quarter worth $327,184,000. Axxcess Wealth Management LLC grew its stake in Invesco S&P 500 Equal Weight ETF by 5,593.7% during the 4th quarter. Axxcess Wealth Management LLC now owns 972,762 shares of the company’s stock worth $186,343,000 after buying an additional 955,677 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its stake in Invesco S&P 500 Equal Weight ETF by 2.6% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 25,293,041 shares of the company’s stock worth $4,798,090,000 after buying an additional 635,369 shares during the last quarter. AlphaCore Capital LLC grew its stake in Invesco S&P 500 Equal Weight ETF by 622.2% during the 4th quarter. AlphaCore Capital LLC now owns 593,537 shares of the company’s stock worth $113,698,000 after buying an additional 511,351 shares during the last quarter. Finally, Endurance Services Ltd bought a new position in Invesco S&P 500 Equal Weight ETF during the 3rd quarter worth $96,962,000. 61.18% of the stock is currently owned by institutional investors.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of RSP opened at $206.58 on Tuesday. The company has a market cap of $89.12 billion, a P/E ratio of 20.10 and a beta of 0.92. The stock has a fifty day moving average price of $198.72 and a 200 day moving average price of $196.64. Invesco S&P 500 Equal Weight ETF has a 12 month low of $173.00 and a 12 month high of $206.97.

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.