Graypoint LLC Has $2.55 Million Holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Graypoint LLC raised its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 16.3% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 14,530 shares of the company’s stock after purchasing an additional 2,040 shares during the period. Graypoint LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $2,546,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Northwestern Mutual Wealth Management Co. grew its stake in Invesco S&P 500 Equal Weight ETF by 855.5% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 20,539,639 shares of the company’s stock worth $3,379,816,000 after purchasing an additional 18,390,083 shares during the period. Healthcare of Ontario Pension Plan Trust Fund boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 174.6% during the 2nd quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 2,340,000 shares of the company’s stock worth $384,415,000 after buying an additional 1,488,000 shares in the last quarter. SPX Gestao de Recursos Ltda increased its stake in shares of Invesco S&P 500 Equal Weight ETF by 1,502.5% in the 3rd quarter. SPX Gestao de Recursos Ltda now owns 895,000 shares of the company’s stock valued at $160,348,000 after acquiring an additional 839,150 shares in the last quarter. Penserra Capital Management LLC lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 2,274.4% during the 3rd quarter. Penserra Capital Management LLC now owns 486,095 shares of the company’s stock valued at $87,088,000 after acquiring an additional 465,623 shares during the period. Finally, D. E. Shaw & Co. Inc. bought a new position in Invesco S&P 500 Equal Weight ETF during the second quarter worth $63,354,000.

Invesco S&P 500 Equal Weight ETF Stock Down 1.5 %

NYSEARCA:RSP traded down $2.57 during trading hours on Friday, reaching $173.25. The company had a trading volume of 7,404,314 shares, compared to its average volume of 7,583,526. The business’s 50-day simple moving average is $180.95 and its two-hundred day simple moving average is $175.43. Invesco S&P 500 Equal Weight ETF has a twelve month low of $153.10 and a twelve month high of $188.16. The firm has a market cap of $58.03 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).