Focus Partners Advisor Solutions LLC Grows Stock Holdings in Invesco S&P 500 Equal Weight ETF $RSP

Focus Partners Advisor Solutions LLC lifted its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 27.1% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 34,038 shares of the company’s stock after purchasing an additional 7,263 shares during the period. Focus Partners Advisor Solutions LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $5,897,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Brighton Jones LLC lifted its position in Invesco S&P 500 Equal Weight ETF by 3.4% in the fourth quarter. Brighton Jones LLC now owns 7,516 shares of the company’s stock valued at $1,317,000 after acquiring an additional 246 shares during the last quarter. Heck Capital Advisors LLC purchased a new stake in Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at $83,931,000. Bernard Wealth Management Corp. purchased a new stake in Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at $251,000. AQR Capital Management LLC lifted its position in Invesco S&P 500 Equal Weight ETF by 47.4% in the fourth quarter. AQR Capital Management LLC now owns 41,712 shares of the company’s stock valued at $7,309,000 after acquiring an additional 13,404 shares during the last quarter. Finally, Bison Wealth LLC lifted its position in Invesco S&P 500 Equal Weight ETF by 25.8% in the fourth quarter. Bison Wealth LLC now owns 20,957 shares of the company’s stock valued at $3,672,000 after acquiring an additional 4,295 shares during the last quarter. 61.18% of the stock is owned by hedge funds and other institutional investors.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of RSP opened at $188.62 on Monday. Invesco S&P 500 Equal Weight ETF has a 1-year low of $150.35 and a 1-year high of $189.99. The stock has a market cap of $74.77 billion, a PE ratio of 20.10 and a beta of 1.05. The firm has a fifty day moving average price of $184.69 and a 200 day moving average price of $177.17.

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).