Polar Asset Management Partners Inc. acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 227,700 shares of the company’s stock, valued at approximately $39,900,000. Polar Asset Management Partners Inc. owned 0.07% of Invesco S&P 500 Equal Weight ETF at the end of the most recent reporting period.
Several other institutional investors have also modified their holdings of the stock. Invesco Ltd. lifted its stake in shares of Invesco S&P 500 Equal Weight ETF by 30.6% during the 4th quarter. Invesco Ltd. now owns 9,993,434 shares of the company’s stock worth $1,751,149,000 after acquiring an additional 2,338,882 shares during the last quarter. Strategic Financial Concepts LLC increased its stake in Invesco S&P 500 Equal Weight ETF by 21,084.0% in the fourth quarter. Strategic Financial Concepts LLC now owns 8,491,606 shares of the company’s stock worth $1,487,984,000 after purchasing an additional 8,451,521 shares during the period. Texas Permanent School Fund Corp lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 318.5% during the fourth quarter. Texas Permanent School Fund Corp now owns 8,162,449 shares of the company’s stock worth $1,430,306,000 after purchasing an additional 6,211,920 shares during the last quarter. LPL Financial LLC lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 6.7% during the fourth quarter. LPL Financial LLC now owns 4,366,543 shares of the company’s stock worth $765,149,000 after purchasing an additional 275,904 shares during the last quarter. Finally, Keybank National Association OH boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 2.5% during the fourth quarter. Keybank National Association OH now owns 3,936,591 shares of the company’s stock valued at $689,809,000 after purchasing an additional 94,658 shares during the period.
Invesco S&P 500 Equal Weight ETF Trading Down 0.6%
NYSEARCA RSP opened at $176.63 on Thursday. The stock has a market cap of $72.38 billion, a PE ratio of 20.59 and a beta of 1.00. Invesco S&P 500 Equal Weight ETF has a 12 month low of $150.35 and a 12 month high of $188.16. The company’s 50-day moving average price is $168.73 and its 200-day moving average price is $176.35.
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).
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