Invesco S&P 500 Equal Weight ETF $RSP Shares Purchased by Red Door Wealth Management LLC

Red Door Wealth Management LLC increased its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 403.4% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund owned 9,208 shares of the company’s stock after acquiring an additional 7,379 shares during the period. Red Door Wealth Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $1,767,000 as of its most recent SEC filing.

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

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of Invesco S&P 500 Equal Weight ETF stock opened at $210.31 on Monday. The business’s fifty day moving average price is $206.21 and its 200 day moving average price is $200.21. Invesco S&P 500 Equal Weight ETF has a twelve month low of $179.94 and a twelve month high of $214.30. The stock has a market capitalization of $90.73 billion, a P/E ratio of 20.10 and a beta of 0.91.

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.