Invesco S&P 500 Equal Weight ETF $RSP Shares Acquired by Nations Financial Group Inc. IA ADV

Nations Financial Group Inc. IA ADV grew its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 7.9% in the 1st quarter, HoldingsChannel reports. The firm owned 46,041 shares of the company’s stock after purchasing an additional 3,389 shares during the quarter. Nations Financial Group Inc. IA ADV’s holdings in Invesco S&P 500 Equal Weight ETF were worth $8,836,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in RSP. Morgan Stanley grew its holdings in Invesco S&P 500 Equal Weight ETF by 7.9% during the 4th quarter. Morgan Stanley now owns 31,346,217 shares of the company’s stock worth $6,004,682,000 after acquiring an additional 2,285,526 shares in the last quarter. Varma Mutual Pension Insurance Co acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 4th quarter valued at $327,184,000. Clal Insurance Enterprises Holdings Ltd acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 4th quarter valued at $306,496,000. BW Gestao de Investimentos Ltda. acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 4th quarter valued at $287,168,000. Finally, State of Wisconsin Investment Board lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 14.3% during the 4th quarter. State of Wisconsin Investment Board now owns 8,485,519 shares of the company’s stock worth $1,625,486,000 after purchasing an additional 1,060,181 shares during the last quarter. Institutional investors and hedge funds own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of RSP stock opened at $209.96 on Friday. The firm has a fifty day moving average price of $205.05 and a 200 day moving average price of $199.48. The company has a market cap of $90.58 billion, a P/E ratio of 20.10 and a beta of 0.91. Invesco S&P 500 Equal Weight ETF has a 12 month low of $175.98 and a 12 month high of $214.30.

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.