RMR Capital Management LLC increased its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) by 0.9% in the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 23,789 shares of the company’s stock after acquiring an additional 223 shares during the quarter. Invesco S&P 500 Equal Weight ETF makes up about 3.5% of RMR Capital Management LLC’s portfolio, making the stock its 3rd biggest holding. RMR Capital Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $4,262,000 as of its most recent filing with the SEC.
Other large investors also recently added to or reduced their stakes in the company. Quantbot Technologies LP purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF during the first quarter worth approximately $687,000. Verus Capital Partners LLC raised its position in shares of Invesco S&P 500 Equal Weight ETF by 14.8% in the first quarter. Verus Capital Partners LLC now owns 1,516 shares of the company’s stock valued at $257,000 after buying an additional 196 shares during the last quarter. QRG Capital Management Inc. raised its position in shares of Invesco S&P 500 Equal Weight ETF by 26.7% in the first quarter. QRG Capital Management Inc. now owns 3,007 shares of the company’s stock valued at $509,000 after buying an additional 633 shares during the last quarter. US Bancorp DE boosted its position in Invesco S&P 500 Equal Weight ETF by 50.6% during the first quarter. US Bancorp DE now owns 92,566 shares of the company’s stock worth $15,678,000 after acquiring an additional 31,106 shares during the last quarter. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS grew its stake in Invesco S&P 500 Equal Weight ETF by 34.7% during the 1st quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 96,382 shares of the company’s stock valued at $16,324,000 after acquiring an additional 24,831 shares in the last quarter.
Invesco S&P 500 Equal Weight ETF Stock Down 0.6 %
RSP traded down $1.17 during trading on Tuesday, reaching $183.85. The company’s stock had a trading volume of 1,400,482 shares, compared to its average volume of 6,061,492. The company has a market cap of $61.58 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90. The firm has a fifty day simple moving average of $177.86 and a two-hundred day simple moving average of $170.74. Invesco S&P 500 Equal Weight ETF has a 1 year low of $140.06 and a 1 year high of $185.79.
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).
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