Main Management LLC Grows Holdings in Invesco S&P 500 Equal Weight ETF $RSP

Main Management LLC increased its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 4.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 187,430 shares of the company’s stock after purchasing an additional 8,718 shares during the quarter. Invesco S&P 500 Equal Weight ETF makes up about 2.6% of Main Management LLC’s holdings, making the stock its 12th biggest position. Main Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $35,904,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Brookstone Capital Management boosted its holdings in Invesco S&P 500 Equal Weight ETF by 2.5% during the fourth quarter. Brookstone Capital Management now owns 269,874 shares of the company’s stock worth $51,697,000 after purchasing an additional 6,481 shares during the last quarter. Roman Butler Fullerton & Co. boosted its holdings in Invesco S&P 500 Equal Weight ETF by 67.0% during the third quarter. Roman Butler Fullerton & Co. now owns 10,862 shares of the company’s stock worth $2,046,000 after purchasing an additional 4,358 shares during the last quarter. Banta Asset Management LP purchased a new position in Invesco S&P 500 Equal Weight ETF during the fourth quarter worth about $1,654,000. Caprock Group LLC purchased a new position in Invesco S&P 500 Equal Weight ETF during the third quarter worth about $4,966,000. Finally, Empirical Asset Management LLC boosted its holdings in Invesco S&P 500 Equal Weight ETF by 417.0% during the third quarter. Empirical Asset Management LLC now owns 11,544 shares of the company’s stock worth $2,190,000 after purchasing an additional 9,311 shares during the last quarter. 61.18% of the stock is currently owned by hedge funds and other institutional investors.

Invesco S&P 500 Equal Weight ETF Price Performance

RSP opened at $208.83 on Monday. The stock has a market cap of $90.09 billion, a price-to-earnings ratio of 20.10 and a beta of 0.92. Invesco S&P 500 Equal Weight ETF has a twelve month low of $174.27 and a twelve month high of $209.32. The company’s 50-day moving average price is $199.81 and its two-hundred day moving average price is $197.22.

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). The Index utilizes quarterly rebalancing to maintain its equal-weight stance. Under normal circumstances, the Fund will invest at least 90% of its net assets, plus any borrowing for investment purposes, in the equity securities (and derivatives thereof) included in the Index.