Rockefeller Capital Management L.P. Increases Stake in Invesco S&P 500 Equal Weight ETF $RSP

Rockefeller Capital Management L.P. lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 8.2% during the 4th quarter, Holdings Channel.com reports. The firm owned 1,434,548 shares of the company’s stock after buying an additional 108,552 shares during the quarter. Invesco S&P 500 Equal Weight ETF accounts for about 0.5% of Rockefeller Capital Management L.P.’s investment portfolio, making the stock its 27th largest holding. Rockefeller Capital Management L.P.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $274,802,000 as of its most recent filing with the SEC.

Several other hedge funds have also added to or reduced their stakes in RSP. World Investment Advisors boosted its position in Invesco S&P 500 Equal Weight ETF by 26.9% during the fourth quarter. World Investment Advisors now owns 33,744 shares of the company’s stock valued at $6,464,000 after buying an additional 7,159 shares during the period. Farmers National Bank grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 0.8% during the fourth quarter. Farmers National Bank now owns 14,868 shares of the company’s stock valued at $2,848,000 after buying an additional 114 shares during the last quarter. Nalls Sherbakoff Group LLC bought a new position in shares of Invesco S&P 500 Equal Weight ETF during the fourth quarter valued at about $29,000. DUTCH ASSET Corp purchased a new position in shares of Invesco S&P 500 Equal Weight ETF in the fourth quarter worth about $320,000. Finally, Larry Mathis Financial Planning LLC purchased a new position in shares of Invesco S&P 500 Equal Weight ETF in the fourth quarter worth about $1,288,000. 61.18% of the stock is owned by institutional investors.

Invesco S&P 500 Equal Weight ETF Stock Performance

NYSEARCA RSP opened at $209.96 on Friday. Invesco S&P 500 Equal Weight ETF has a 1-year low of $175.98 and a 1-year high of $214.30. The stock has a 50-day moving average of $205.05 and a 200-day moving average of $199.48. The firm has a market cap of $90.58 billion, a PE ratio of 20.10 and a beta of 0.91.

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.