Invesco S&P 500 Equal Weight ETF $RSP Shares Purchased by Lumbard & Kellner LLC

Lumbard & Kellner LLC increased its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 81.0% in the fourth quarter, Holdings Channel reports. The firm owned 50,749 shares of the company’s stock after acquiring an additional 22,718 shares during the period. Invesco S&P 500 Equal Weight ETF accounts for 3.4% of Lumbard & Kellner LLC’s investment portfolio, making the stock its 6th biggest position. Lumbard & Kellner LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $9,721,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Northwestern Mutual Wealth Management Co. increased its position in Invesco S&P 500 Equal Weight ETF by 2.6% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 25,293,041 shares of the company’s stock worth $4,798,090,000 after purchasing an additional 635,369 shares in the last quarter. Phoenix Financial Ltd. increased its position in Invesco S&P 500 Equal Weight ETF by 13.8% during the 3rd quarter. Phoenix Financial Ltd. now owns 1,768,432 shares of the company’s stock worth $335,472,000 after purchasing an additional 214,432 shares in the last quarter. Varma Mutual Pension Insurance Co acquired a new stake in Invesco S&P 500 Equal Weight ETF during the 4th quarter worth approximately $327,184,000. Focus Partners Wealth grew its position in Invesco S&P 500 Equal Weight ETF by 13.2% in the third quarter. Focus Partners Wealth now owns 1,297,134 shares of the company’s stock valued at $245,646,000 after acquiring an additional 150,899 shares in the last quarter. Finally, Trust Co of Tennessee grew its position in Invesco S&P 500 Equal Weight ETF by 2.4% in the fourth quarter. Trust Co of Tennessee now owns 797,760 shares of the company’s stock valued at $152,812,000 after acquiring an additional 18,986 shares in 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 0.6%

Shares of NYSEARCA:RSP opened at $203.54 on Friday. Invesco S&P 500 Equal Weight ETF has a 52-week low of $171.79 and a 52-week high of $205.53. The company has a 50 day moving average of $197.95 and a two-hundred day moving average of $195.42. The company has a market capitalization of $87.81 billion, a price-to-earnings ratio of 20.10 and a beta of 0.92.

Invesco S&P 500 Equal Weight ETF Company 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.