Invesco S&P 500 Equal Weight ETF $RSP Shares Bought by Sumitomo Mitsui Trust Group Inc.

Sumitomo Mitsui Trust Group Inc. raised its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 69.3% in the first quarter, according to the company in its most recent disclosure with the SEC. The fund owned 329,700 shares of the company’s stock after buying an additional 135,000 shares during the quarter. Sumitomo Mitsui Trust Group Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $63,276,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the business. Cary Street Partners Investment Advisory LLC increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 5.5% during the fourth quarter. Cary Street Partners Investment Advisory LLC now owns 982 shares of the company’s stock valued at $188,000 after acquiring an additional 51 shares in the last quarter. Ballast Rock Private Wealth LLC boosted its stake in Invesco S&P 500 Equal Weight ETF by 0.8% in the 1st quarter. Ballast Rock Private Wealth LLC now owns 6,800 shares of the company’s stock worth $1,305,000 after purchasing an additional 51 shares in the last quarter. Pacific Point Advisors LLC boosted its stake in Invesco S&P 500 Equal Weight ETF by 4.2% in the 4th quarter. Pacific Point Advisors LLC now owns 1,305 shares of the company’s stock worth $250,000 after purchasing an additional 52 shares in the last quarter. Merkkuri Wealth Advisors LLC grew its position in Invesco S&P 500 Equal Weight ETF by 0.5% during the 1st quarter. Merkkuri Wealth Advisors LLC now owns 11,865 shares of the company’s stock worth $2,277,000 after purchasing an additional 54 shares during the last quarter. Finally, Jessup Wealth Management Inc grew its position in Invesco S&P 500 Equal Weight ETF by 1.8% during the 4th quarter. Jessup Wealth Management Inc now owns 3,068 shares of the company’s stock worth $588,000 after purchasing an additional 55 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 Price Performance

Invesco S&P 500 Equal Weight ETF stock traded up $0.80 during mid-day trading on Friday, reaching $214.30. 5,539,473 shares of the company traded hands, compared to its average volume of 14,463,745. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $179.94 and a fifty-two week high of $216.37. The company has a market capitalization of $96.73 billion, a price-to-earnings ratio of 20.10 and a beta of 0.91. The firm’s fifty day moving average is $208.58 and its two-hundred day moving average is $201.64.

About Invesco S&P 500 Equal Weight ETF

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.