Harel Insurance Investments & Financial Services Ltd. Increases Stake in Invesco S&P 500 Equal Weight ETF $RSP

Harel Insurance Investments & Financial Services Ltd. boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 187.6% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 25,741 shares of the company’s stock after buying an additional 16,792 shares during the quarter. Harel Insurance Investments & Financial Services Ltd.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $4,932,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Cary Street Partners Investment Advisory LLC grew its position in shares of Invesco S&P 500 Equal Weight ETF by 5.5% during the fourth quarter. Cary Street Partners Investment Advisory LLC now owns 982 shares of the company’s stock worth $188,000 after buying an additional 51 shares in the last quarter. Ballast Rock Private Wealth LLC grew its holdings in Invesco S&P 500 Equal Weight ETF by 0.8% during the 1st quarter. Ballast Rock Private Wealth LLC now owns 6,800 shares of the company’s stock worth $1,305,000 after acquiring an additional 51 shares in the last quarter. Pacific Point Advisors LLC increased its position in shares of Invesco S&P 500 Equal Weight ETF by 4.2% in the 4th quarter. Pacific Point Advisors LLC now owns 1,305 shares of the company’s stock valued at $250,000 after purchasing an additional 52 shares during the last quarter. Merkkuri Wealth Advisors LLC increased its position in shares of Invesco S&P 500 Equal Weight ETF by 0.5% in the 1st quarter. Merkkuri Wealth Advisors LLC now owns 11,865 shares of the company’s stock valued at $2,277,000 after purchasing an additional 54 shares during the last quarter. Finally, Jessup Wealth Management Inc raised its holdings in shares of Invesco S&P 500 Equal Weight ETF by 1.8% in the 4th quarter. Jessup Wealth Management Inc now owns 3,068 shares of the company’s stock valued at $588,000 after purchasing an additional 55 shares in the last quarter. Hedge funds and other institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Trading Down 0.2%

Invesco S&P 500 Equal Weight ETF stock opened at $212.97 on Thursday. The stock has a market cap of $95.64 billion, a P/E ratio of 20.10 and a beta of 0.91. The company has a fifty day simple moving average of $209.16 and a 200-day simple moving average of $202.12. Invesco S&P 500 Equal Weight ETF has a 12-month low of $179.94 and a 12-month high of $216.37.

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.