Howland Capital Management LLC Purchases 16,400 Shares of Invesco S&P 500 Equal Weight ETF $RSP

Howland Capital Management LLC lifted its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 75.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 37,994 shares of the company’s stock after acquiring an additional 16,400 shares during the quarter. Howland Capital Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $7,278,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in RSP. Brighton Jones LLC grew its position in Invesco S&P 500 Equal Weight ETF by 3.4% during the fourth quarter. Brighton Jones LLC now owns 7,516 shares of the company’s stock valued at $1,317,000 after buying an additional 246 shares during the period. Heck Capital Advisors LLC bought a new position in Invesco S&P 500 Equal Weight ETF during the fourth quarter valued at about $83,931,000. Bison Wealth LLC grew its position in 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 valued at $3,672,000 after buying an additional 4,295 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC bought a new position in Invesco S&P 500 Equal Weight ETF during the first quarter valued at about $11,553,000. Finally, Gamco Investors INC. ET AL bought a new position in Invesco S&P 500 Equal Weight ETF during the second quarter valued at about $279,000. Institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Stock Performance

RSP opened at $211.65 on Friday. The firm has a market cap of $91.31 billion, a P/E ratio of 20.10 and a beta of 0.91. The firm has a 50-day moving average of $203.40 and a 200 day moving average of $198.74. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $175.98 and a fifty-two week high of $212.12.

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.