OMNI 360 Wealth Inc. acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 4,858 shares of the company’s stock, valued at approximately $823,000.
A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Morgan Stanley boosted its stake in Invesco S&P 500 Equal Weight ETF by 12.8% in the 3rd quarter. Morgan Stanley now owns 18,941,150 shares of the company’s stock worth $2,683,772,000 after purchasing an additional 2,153,993 shares during the period. UBS Group AG grew its stake in Invesco S&P 500 Equal Weight ETF by 1.5% during the fourth quarter. UBS Group AG now owns 6,039,483 shares of the company’s stock valued at $953,030,000 after acquiring an additional 90,811 shares in the last quarter. Clal Insurance Enterprises Holdings Ltd bought a new stake in Invesco S&P 500 Equal Weight ETF during the 4th quarter worth approximately $860,010,000. Balyasny Asset Management L.P. purchased a new stake in Invesco S&P 500 Equal Weight ETF in the 4th quarter worth approximately $671,392,000. Finally, Ameriprise Financial Inc. boosted its holdings in Invesco S&P 500 Equal Weight ETF by 53.1% in the 3rd quarter. Ameriprise Financial Inc. now owns 3,120,094 shares of the company’s stock valued at $449,410,000 after purchasing an additional 1,082,620 shares during the period.
Invesco S&P 500 Equal Weight ETF Trading Up 0.0 %
Shares of NYSEARCA RSP traded up $0.07 during midday trading on Wednesday, hitting $163.75. 2,743,812 shares of the company’s stock were exchanged, compared to its average volume of 6,023,526. The business’s fifty day moving average price is $164.77 and its two-hundred day moving average price is $162.18. The company has a market cap of $54.85 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a 12-month low of $133.34 and a 12-month high of $169.80.
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).
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