BBR Partners LLC lowered its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) by 2.5% in the 4th quarter, Holdings Channel reports. The firm owned 124,113 shares of the company’s stock after selling 3,164 shares during the quarter. Invesco S&P 500 Equal Weight ETF accounts for approximately 1.3% of BBR Partners LLC’s portfolio, making the stock its 13th largest position. BBR Partners LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $23,775,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other large investors have also recently modified their holdings of RSP. Brighton Jones LLC boosted its position in shares of 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 valued at $1,317,000 after acquiring an additional 246 shares during the last quarter. Heck Capital Advisors LLC bought a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 4th quarter valued at about $83,931,000. Bison Wealth LLC boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 25.8% during the 4th quarter. Bison Wealth LLC now owns 20,957 shares of the company’s stock valued at $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 bought a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 1st quarter valued at about $11,553,000. Finally, Gamco Investors INC. ET AL bought a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 2nd quarter valued at about $279,000. Institutional investors own 61.18% of the company’s stock.
Invesco S&P 500 Equal Weight ETF Trading Up 0.8%
Shares of RSP opened at $210.83 on Friday. The company has a market cap of $90.95 billion, a PE ratio of 20.10 and a beta of 0.91. The stock has a 50-day moving average price of $201.24 and a 200-day moving average price of $197.81. Invesco S&P 500 Equal Weight ETF has a 12-month low of $175.98 and a 12-month high of $210.95.
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.
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