GWN Securities Inc. Buys 4,026 Shares of Invesco S&P 500 Equal Weight ETF $RSP

GWN Securities Inc. increased its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 16.2% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 28,818 shares of the company’s stock after buying an additional 4,026 shares during the period. Invesco S&P 500 Equal Weight ETF accounts for about 1.1% of GWN Securities Inc.’s portfolio, making the stock its 14th largest holding. GWN Securities Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $5,521,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 3.8% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 26,252,217 shares of the company’s stock worth $5,028,875,000 after buying an additional 959,176 shares during the period. LPL Financial LLC boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 7.1% during the 4th quarter. LPL Financial LLC now owns 5,486,948 shares of the company’s stock worth $1,051,080,000 after buying an additional 362,412 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 0.3% during the 4th quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 3,579,650 shares of the company’s stock worth $685,718,000 after buying an additional 9,309 shares during the period. Cerity Partners LLC boosted its holdings in Invesco S&P 500 Equal Weight ETF by 11.8% in the 4th quarter. Cerity Partners LLC now owns 1,963,478 shares of the company’s stock valued at $376,124,000 after purchasing an additional 207,096 shares during the period. Finally, Varma Mutual Pension Insurance Co bought a new stake in Invesco S&P 500 Equal Weight ETF in the 4th quarter valued at about $327,184,000. Institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Stock Down 1.3%

NYSEARCA RSP opened at $206.53 on Thursday. The company has a market capitalization of $89.10 billion, a P/E ratio of 20.10 and a beta of 0.91. Invesco S&P 500 Equal Weight ETF has a 12-month low of $175.98 and a 12-month high of $210.95. The firm has a 50-day moving average price of $202.66 and a two-hundred day moving average price of $198.48.

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.