Venture Visionary Partners LLC lessened its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) by 0.6% during the fourth quarter, HoldingsChannel.com reports. The fund owned 375,222 shares of the company’s stock after selling 2,401 shares during the period. Invesco S&P 500 Equal Weight ETF makes up about 2.3% of Venture Visionary Partners LLC’s holdings, making the stock its 8th biggest holding. Venture Visionary Partners LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $71,878,000 at the end of the most recent quarter.
Several other institutional investors have also recently bought and sold shares of the business. Brighton Jones LLC boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 3.4% in the 4th quarter. Brighton Jones LLC now owns 7,516 shares of the company’s stock valued at $1,317,000 after purchasing an additional 246 shares in the last quarter. Heck Capital Advisors LLC acquired a new position in Invesco S&P 500 Equal Weight ETF during the 4th quarter worth approximately $83,931,000. Bison Wealth LLC increased its position in Invesco S&P 500 Equal Weight ETF by 25.8% during the 4th quarter. Bison Wealth LLC now owns 20,957 shares of the company’s stock worth $3,672,000 after purchasing an additional 4,295 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC bought a new position in Invesco S&P 500 Equal Weight ETF in the 1st quarter valued at approximately $11,553,000. Finally, Gamco Investors INC. ET AL bought a new position in Invesco S&P 500 Equal Weight ETF in the 2nd quarter valued at approximately $279,000. Institutional investors and hedge funds own 61.18% of the company’s stock.
Invesco S&P 500 Equal Weight ETF Stock Performance
NYSEARCA RSP opened at $211.65 on Monday. The firm’s fifty day moving average price is $203.40 and its two-hundred day moving average price is $198.83. The stock has a market cap of $91.31 billion, a PE ratio of 20.10 and a beta of 0.91. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $175.98 and a fifty-two week high of $212.12.
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.
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Want to see what other hedge funds are holding RSP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report).
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