4,154 Shares in Invesco S&P 500 Equal Weight ETF $RSP Acquired by Briggs Wealth Management Inc

Briggs Wealth Management Inc purchased a new position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 4,154 shares of the company’s stock, valued at approximately $796,000. Invesco S&P 500 Equal Weight ETF comprises about 0.9% of Briggs Wealth Management Inc’s portfolio, making the stock its 16th biggest position.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in RSP. Morgan Stanley raised its holdings in shares of Invesco S&P 500 Equal Weight ETF by 7.9% in the 4th quarter. Morgan Stanley now owns 31,346,217 shares of the company’s stock valued at $6,004,682,000 after purchasing an additional 2,285,526 shares in the last quarter. Varma Mutual Pension Insurance Co purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 4th quarter worth $327,184,000. Clal Insurance Enterprises Holdings Ltd acquired a new position in shares of Invesco S&P 500 Equal Weight ETF during the fourth quarter worth $306,496,000. BW Gestao de Investimentos Ltda. acquired a new position in shares of Invesco S&P 500 Equal Weight ETF during the fourth quarter worth $287,168,000. Finally, State of Wisconsin Investment Board increased its holdings in Invesco S&P 500 Equal Weight ETF by 14.3% in the fourth quarter. State of Wisconsin Investment Board now owns 8,485,519 shares of the company’s stock valued at $1,625,486,000 after buying an additional 1,060,181 shares during the last quarter. Institutional investors and hedge funds own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Price Performance

Invesco S&P 500 Equal Weight ETF stock opened at $209.96 on Friday. Invesco S&P 500 Equal Weight ETF has a 1-year low of $175.98 and a 1-year high of $214.30. The stock has a market cap of $90.58 billion, a PE ratio of 20.10 and a beta of 0.91. The stock’s fifty day moving average is $204.81 and its two-hundred day moving average is $199.40.

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.