Naples Global Advisors LLC Invests $226,000 in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Naples Global Advisors LLC purchased a new position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 1,305 shares of the company’s stock, valued at approximately $226,000.

A number of other large investors have also recently made changes to their positions in the stock. Invesco Ltd. grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 30.6% in the fourth quarter. Invesco Ltd. now owns 9,993,434 shares of the company’s stock worth $1,751,149,000 after acquiring an additional 2,338,882 shares during the period. Strategic Financial Concepts LLC boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 21,084.0% in the fourth quarter. Strategic Financial Concepts LLC now owns 8,491,606 shares of the company’s stock worth $1,487,984,000 after buying an additional 8,451,521 shares during the last quarter. Texas Permanent School Fund Corp boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 318.5% in the fourth quarter. Texas Permanent School Fund Corp now owns 8,162,449 shares of the company’s stock worth $1,430,306,000 after buying an additional 6,211,920 shares during the last quarter. LPL Financial LLC boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 6.7% in the fourth quarter. LPL Financial LLC now owns 4,366,543 shares of the company’s stock worth $765,149,000 after buying an additional 275,904 shares during the last quarter. Finally, Temasek Holdings Private Ltd purchased a new position in shares of Invesco S&P 500 Equal Weight ETF in the fourth quarter worth approximately $720,730,000.

Invesco S&P 500 Equal Weight ETF Trading Up 0.9%

RSP opened at $178.69 on Friday. The company has a market cap of $72.23 billion, a price-to-earnings ratio of 20.59 and a beta of 0.99. The company’s 50 day moving average is $169.94 and its 200 day moving average is $175.93. Invesco S&P 500 Equal Weight ETF has a 12-month low of $150.35 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).