Corient Private Wealth LLC Acquires 49,460 Shares of Invesco S&P 500 Equal Weight ETF $RSP

Corient Private Wealth LLC raised its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 16.9% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 341,744 shares of the company’s stock after acquiring an additional 49,460 shares during the period. Corient Private Wealth LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $65,570,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Brookstone Capital Management boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 2.5% in the 4th quarter. Brookstone Capital Management now owns 269,874 shares of the company’s stock worth $51,697,000 after purchasing an additional 6,481 shares in the last quarter. Banta Asset Management LP bought a new position in shares of Invesco S&P 500 Equal Weight ETF during the 4th quarter valued at about $1,654,000. Empirical Asset Management LLC raised its holdings in shares of Invesco S&P 500 Equal Weight ETF by 417.0% during the 3rd quarter. Empirical Asset Management LLC now owns 11,544 shares of the company’s stock valued at $2,190,000 after buying an additional 9,311 shares in the last quarter. Allen Investment Management LLC raised its holdings in shares of Invesco S&P 500 Equal Weight ETF by 32.8% during the 4th 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. Finally, Tennessee Valley Asset Management Partners bought a new stake in Invesco S&P 500 Equal Weight ETF in the 3rd quarter worth approximately $777,000. 61.18% of the stock is currently owned by institutional investors.

Invesco S&P 500 Equal Weight ETF Price Performance

NYSEARCA:RSP opened at $209.96 on Friday. The company has a market capitalization of $90.58 billion, a price-to-earnings ratio of 20.10 and a beta of 0.91. The business has a 50 day moving average of $205.05 and a 200 day moving average of $199.48. Invesco S&P 500 Equal Weight ETF has a 1-year low of $175.98 and a 1-year high of $214.30.

Invesco S&P 500 Equal Weight ETF 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.