Apollon Financial LLC Purchases 2,705 Shares of Invesco S&P 500 Equal Weight ETF $RSP

Apollon Financial LLC lifted its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 110.4% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,155 shares of the company’s stock after acquiring an additional 2,705 shares during the quarter. Apollon Financial LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $989,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of RSP. Morgan Stanley raised its holdings in shares of 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 valued at $6,004,682,000 after buying an additional 2,285,526 shares during the last quarter. 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 stake in Invesco S&P 500 Equal Weight ETF in the 4th quarter valued at about $306,496,000. BW Gestao de Investimentos Ltda. acquired a new stake in Invesco S&P 500 Equal Weight ETF in the 4th quarter valued at about $287,168,000. Finally, State of Wisconsin Investment Board raised its stake in shares of 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 worth $1,625,486,000 after acquiring an additional 1,060,181 shares during the last quarter. 61.18% of the stock is currently owned by institutional investors.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of RSP stock opened at $210.31 on Monday. Invesco S&P 500 Equal Weight ETF has a 1 year low of $179.94 and a 1 year high of $214.30. The firm’s 50 day moving average is $206.21 and its 200-day moving average is $200.21. The firm has a market capitalization of $90.73 billion, a price-to-earnings ratio of 20.10 and a beta of 0.91.

About Invesco S&P 500 Equal Weight ETF

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.