Aureus Asset Management LLC Invests $3 Million in Invesco S&P 500 Equal Weight ETF $RSP

Aureus Asset Management LLC purchased a new position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 15,617 shares of the company’s stock, valued at approximately $2,997,000.

Several other large investors have also made changes to their positions in RSP. Brookstone Capital Management raised its holdings in shares of Invesco S&P 500 Equal Weight ETF by 2.5% during the 4th quarter. Brookstone Capital Management now owns 269,874 shares of the company’s stock worth $51,697,000 after buying an additional 6,481 shares in the last quarter. Banta Asset Management LP bought a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 4th quarter worth $1,654,000. Allen Investment Management LLC boosted its stake in Invesco S&P 500 Equal Weight ETF by 32.8% in the fourth quarter. Allen Investment Management LLC now owns 142,450 shares of the company’s stock valued at $27,286,000 after buying an additional 35,220 shares in the last quarter. Vise Technologies Inc. boosted its stake in Invesco S&P 500 Equal Weight ETF by 144.2% in the fourth quarter. Vise Technologies Inc. now owns 5,051 shares of the company’s stock valued at $968,000 after buying an additional 2,983 shares in the last quarter. Finally, Capital Investment Advisory Services LLC grew its position in Invesco S&P 500 Equal Weight ETF by 67.5% in the fourth quarter. Capital Investment Advisory Services LLC now owns 70,925 shares of the company’s stock valued at $13,586,000 after acquiring an additional 28,586 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 Stock Down 0.0%

Invesco S&P 500 Equal Weight ETF stock opened at $212.70 on Thursday. The stock has a market cap of $95.66 billion, a PE ratio of 20.10 and a beta of 0.91. Invesco S&P 500 Equal Weight ETF has a 12-month low of $179.94 and a 12-month high of $216.37. The business’s 50-day moving average price is $210.12 and its two-hundred day moving average price is $202.84.

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.