Simmons Bank Has $1.38 Million Position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Simmons Bank lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 483.9% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 8,759 shares of the company’s stock after acquiring an additional 7,259 shares during the period. Simmons Bank’s holdings in Invesco S&P 500 Equal Weight ETF were worth $1,382,000 as of its most recent filing with the SEC.

Several other institutional investors have also made changes to their positions in RSP. Morgan Stanley lifted its holdings in Invesco S&P 500 Equal Weight ETF by 12.8% during the 3rd quarter. Morgan Stanley now owns 18,941,150 shares of the company’s stock valued at $2,683,772,000 after purchasing an additional 2,153,993 shares during the last quarter. Chai Trust Co. LLC boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 926.0% in the 3rd quarter. Chai Trust Co. LLC now owns 1,705,786 shares of the company’s stock worth $241,693,000 after acquiring an additional 1,539,527 shares in the last quarter. Ameriprise Financial Inc. grew its position in Invesco S&P 500 Equal Weight ETF by 53.1% during the 3rd quarter. Ameriprise Financial Inc. now owns 3,120,094 shares of the company’s stock worth $449,410,000 after acquiring an additional 1,082,620 shares during the last quarter. International Assets Investment Management LLC acquired a new stake in Invesco S&P 500 Equal Weight ETF during the 4th quarter valued at $165,805,000. Finally, UBS Group AG raised its position in Invesco S&P 500 Equal Weight ETF by 17.4% in the 3rd quarter. UBS Group AG now owns 5,948,672 shares of the company’s stock valued at $842,867,000 after purchasing an additional 880,506 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of RSP stock traded up $0.46 during trading hours on Tuesday, hitting $164.50. 4,485,081 shares of the company’s stock were exchanged, compared to its average volume of 6,558,117. The stock’s 50-day moving average is $164.35 and its 200-day moving average is $156.32. Invesco S&P 500 Equal Weight ETF has a 52 week low of $133.34 and a 52 week high of $169.80. The stock has a market cap of $55.10 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90.

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).