Invesco S&P 500 Equal Weight ETF $RSP Shares Bought by Erste Asset Management GmbH

Erste Asset Management GmbH boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 127.0% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 683,360 shares of the company’s stock after purchasing an additional 382,300 shares during the period. Invesco S&P 500 Equal Weight ETF comprises approximately 1.1% of Erste Asset Management GmbH’s investment portfolio, making the stock its 20th biggest holding. Erste Asset Management GmbH owned approximately 0.16% of Invesco S&P 500 Equal Weight ETF worth $130,904,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. 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 in the last quarter. Heck Capital Advisors LLC purchased a new stake in Invesco S&P 500 Equal Weight ETF during the 4th quarter worth approximately $83,931,000. Bison Wealth LLC increased its stake in 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 worth $3,672,000 after buying an additional 4,295 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC purchased a new stake in Invesco S&P 500 Equal Weight ETF during the 1st quarter worth approximately $11,553,000. Finally, Gamco Investors INC. ET AL purchased a new stake in Invesco S&P 500 Equal Weight ETF during the 2nd quarter worth approximately $279,000. 61.18% of the stock is currently owned by institutional investors and hedge funds.

Invesco S&P 500 Equal Weight ETF Stock Performance

NYSEARCA:RSP opened at $207.83 on Monday. Invesco S&P 500 Equal Weight ETF has a 12 month low of $175.98 and a 12 month high of $210.95. The stock has a 50 day moving average of $201.54 and a two-hundred day moving average of $197.97. The firm has a market cap of $89.66 billion, a P/E ratio of 20.10 and a beta of 0.91.

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.