Hilltop Holdings Inc. Buys 15,727 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Hilltop Holdings Inc. raised its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 357.9% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 20,121 shares of the company’s stock after purchasing an additional 15,727 shares during the quarter. Hilltop Holdings Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $3,175,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of RSP. Morgan Stanley grew its position in Invesco S&P 500 Equal Weight ETF by 12.8% in the 3rd quarter. Morgan Stanley now owns 18,941,150 shares of the company’s stock valued at $2,683,772,000 after acquiring an additional 2,153,993 shares during the last quarter. Chai Trust Co. LLC grew its stake in Invesco S&P 500 Equal Weight ETF by 926.0% in the 3rd quarter. Chai Trust Co. LLC now owns 1,705,786 shares of the company’s stock worth $241,693,000 after acquiring an additional 1,539,527 shares in the last quarter. Ameriprise Financial Inc. increased its position in shares of Invesco S&P 500 Equal Weight ETF by 53.1% during the third quarter. Ameriprise Financial Inc. now owns 3,120,094 shares of the company’s stock worth $449,410,000 after acquiring an additional 1,082,620 shares during the period. International Assets Investment Management LLC bought a new stake in shares of Invesco S&P 500 Equal Weight ETF during the fourth quarter valued at approximately $165,805,000. Finally, UBS Group AG boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 17.4% in the third quarter. UBS Group AG now owns 5,948,672 shares of the company’s stock valued at $842,867,000 after purchasing an additional 880,506 shares during the period.

Invesco S&P 500 Equal Weight ETF Stock Up 0.7 %

NYSEARCA:RSP traded up $1.09 during midday trading on Friday, hitting $165.94. The stock had a trading volume of 3,252,218 shares, compared to its average volume of 6,224,576. The stock has a 50-day moving average of $164.89 and a 200 day moving average of $159.00. The company has a market capitalization of $55.58 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a one year low of $133.34 and a one year high of $169.80.

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).