World Investment Advisors LLC lifted its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) by 7.6% in the third quarter, Holdings Channel reports. The institutional investor owned 20,276 shares of the company’s stock after acquiring an additional 1,433 shares during the quarter. World Investment Advisors LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $3,633,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also made changes to their positions in the company. Sanctuary Advisors LLC increased its stake in Invesco S&P 500 Equal Weight ETF by 13.9% during the third quarter. Sanctuary Advisors LLC now owns 249,527 shares of the company’s stock worth $46,295,000 after acquiring an additional 30,373 shares during the last quarter. Fulcrum Equity Management grew its holdings in shares of Invesco S&P 500 Equal Weight ETF by 566.4% during the 3rd quarter. Fulcrum Equity Management now owns 8,903 shares of the company’s stock worth $1,595,000 after purchasing an additional 7,567 shares during the period. Tudor Financial Inc. purchased a new position in shares of Invesco S&P 500 Equal Weight ETF during the 3rd quarter worth $1,833,000. Westside Investment Management Inc. increased its position in shares of Invesco S&P 500 Equal Weight ETF by 157.2% during the 3rd quarter. Westside Investment Management Inc. now owns 1,286 shares of the company’s stock worth $230,000 after purchasing an additional 786 shares during the last quarter. Finally, Second Line Capital LLC raised its holdings in Invesco S&P 500 Equal Weight ETF by 5.6% in the 3rd quarter. Second Line Capital LLC now owns 63,376 shares of the company’s stock valued at $11,354,000 after buying an additional 3,354 shares during the period.
Invesco S&P 500 Equal Weight ETF Price Performance
NYSEARCA RSP opened at $182.16 on Friday. The stock has a market capitalization of $61.01 billion, a P/E ratio of 20.44 and a beta of 0.90. The firm’s 50-day moving average is $182.01 and its two-hundred day moving average is $173.88. Invesco S&P 500 Equal Weight ETF has a 12 month low of $153.10 and a 12 month high of $188.16.
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).
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