Norris Perne & French LLP MI Buys 4,779 Shares of Invesco S&P 500 Equal Weight ETF $RSP

Norris Perne & French LLP MI raised its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 10.4% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 50,819 shares of the company’s stock after buying an additional 4,779 shares during the period. Norris Perne & French LLP MI’s holdings in Invesco S&P 500 Equal Weight ETF were worth $9,640,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of RSP. Japan Science & Technology Agency bought a new position in Invesco S&P 500 Equal Weight ETF in the first quarter valued at about $656,908,000. North Peak Capital Management LLC grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 227.3% during the 2nd quarter. North Peak Capital Management LLC now owns 1,374,131 shares of the company’s stock valued at $249,735,000 after purchasing an additional 2,453,262 shares during the period. Northwestern Mutual Wealth Management Co. increased its position in shares of Invesco S&P 500 Equal Weight ETF by 4.7% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 24,657,672 shares of the company’s stock valued at $4,481,285,000 after purchasing an additional 1,103,629 shares during the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its position in shares of Invesco S&P 500 Equal Weight ETF by 119.1% during the 2nd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 2,027,552 shares of the company’s stock valued at $368,487,000 after purchasing an additional 1,102,322 shares during the last quarter. Finally, Corient Private Wealth LLC lifted its stake in shares of Invesco S&P 500 Equal Weight ETF by 303.3% in the 2nd quarter. Corient Private Wealth LLC now owns 1,015,653 shares of the company’s stock worth $184,495,000 after purchasing an additional 763,825 shares during the period. 61.18% of the stock is currently owned by hedge funds and other institutional investors.

Invesco S&P 500 Equal Weight ETF Trading Up 0.0%

RSP opened at $193.84 on Monday. The company has a market cap of $74.98 billion, a price-to-earnings ratio of 20.10 and a beta of 0.99. The company’s 50 day moving average is $189.93 and its 200 day moving average is $187.19. Invesco S&P 500 Equal Weight ETF has a 12-month low of $150.35 and a 12-month high of $195.46.

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.