ExodusPoint Capital Management LP Makes New $17.79 Million Investment in Invesco S&P 500 Equal Weight ETF $RSP

ExodusPoint Capital Management LP purchased a new position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) during the 4th quarter, according to its most recent disclosure with the SEC. The fund purchased 92,886 shares of the company’s stock, valued at approximately $17,793,000.

Several other institutional investors also recently added to or reduced their stakes in the business. Brookstone Capital Management raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 2.5% in the fourth quarter. Brookstone Capital Management now owns 269,874 shares of the company’s stock valued at $51,697,000 after purchasing an additional 6,481 shares in the last quarter. Banta Asset Management LP acquired a new position in shares of Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at $1,654,000. Allen Investment Management LLC raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 32.8% in the fourth quarter. Allen Investment Management LLC now owns 142,450 shares of the company’s stock valued at $27,286,000 after purchasing an additional 35,220 shares in the last quarter. Empirical Asset Management LLC raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 417.0% in the third quarter. Empirical Asset Management LLC now owns 11,544 shares of the company’s stock valued at $2,190,000 after purchasing an additional 9,311 shares in the last quarter. Finally, Tennessee Valley Asset Management Partners acquired a new position in shares of Invesco S&P 500 Equal Weight ETF in the third quarter valued at $777,000. 61.18% of the stock is owned by institutional investors.

Invesco S&P 500 Equal Weight ETF Trading Down 0.3%

Shares of NYSEARCA RSP opened at $212.17 on Wednesday. The business has a fifty day simple moving average of $204.17 and a 200 day simple moving average of $199.14. The firm has a market capitalization of $91.53 billion, a price-to-earnings ratio of 20.10 and a beta of 0.91. Invesco S&P 500 Equal Weight ETF has a one year low of $175.98 and a one year high of $214.30.

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.