Graetz Wealth LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 15,795 shares of the company’s stock, valued at approximately $3,031,000. Invesco S&P 500 Equal Weight ETF accounts for approximately 2.7% of Graetz Wealth LLC’s investment portfolio, making the stock its 9th biggest position.
Other large investors have also recently bought and sold shares of the company. Morgan Stanley boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 7.9% during 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 in the last quarter. Northwestern Mutual Wealth Management Co. raised its stake in Invesco S&P 500 Equal Weight ETF by 3.8% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 26,252,217 shares of the company’s stock worth $5,028,875,000 after buying an additional 959,176 shares during the period. Invesco Ltd. raised its stake in Invesco S&P 500 Equal Weight ETF by 4.6% during the 4th quarter. Invesco Ltd. now owns 10,144,784 shares of the company’s stock worth $1,943,335,000 after buying an additional 444,846 shares during the period. State of Wisconsin Investment Board lifted its holdings in Invesco S&P 500 Equal Weight ETF by 14.3% during 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 in the last quarter. Finally, LPL Financial LLC lifted its holdings in Invesco S&P 500 Equal Weight ETF by 7.1% during the fourth quarter. LPL Financial LLC now owns 5,486,948 shares of the company’s stock worth $1,051,080,000 after acquiring an additional 362,412 shares in the last quarter. Institutional investors own 61.18% of the company’s stock.
Invesco S&P 500 Equal Weight ETF Price Performance
Shares of Invesco S&P 500 Equal Weight ETF stock opened at $213.50 on Friday. Invesco S&P 500 Equal Weight ETF has a 1 year low of $179.94 and a 1 year high of $216.37. The business has a 50-day moving average of $208.30 and a two-hundred day moving average of $201.55. The company has a market capitalization of $95.28 billion, a P/E 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.
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