Berman McAleer LLC Has $14.35 Million Stock Position in Invesco S&P 500 Equal Weight ETF $RSP

Berman McAleer LLC lifted its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 4.5% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 74,745 shares of the company’s stock after acquiring an additional 3,219 shares during the quarter. Invesco S&P 500 Equal Weight ETF makes up about 2.0% of Berman McAleer LLC’s investment portfolio, making the stock its 13th largest position. Berman McAleer LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $14,345,000 at the end of the most recent reporting period.

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

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

Shares of NYSEARCA RSP opened at $208.89 on Wednesday. Invesco S&P 500 Equal Weight ETF has a 1 year low of $178.60 and a 1 year high of $214.30. The firm’s 50-day moving average is $205.52 and its 200-day moving average is $199.80. The firm has a market capitalization of $90.12 billion, a PE 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.