World Investment Advisors Has $14.25 Million Stock Holdings in Invesco S&P 500 Equal Weight ETF $RSP

World Investment Advisors boosted its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 120.0% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 74,248 shares of the company’s stock after acquiring an additional 40,504 shares during the quarter. World Investment Advisors’ holdings in Invesco S&P 500 Equal Weight ETF were worth $14,250,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in RSP. PAX Financial Group LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 1st quarter valued at $1,252,000. River S Edge Wealth Management LLC raised its holdings in shares of Invesco S&P 500 Equal Weight ETF by 3.5% during the 1st quarter. River S Edge Wealth Management LLC now owns 20,021 shares of the company’s stock worth $4,045,000 after buying an additional 677 shares in the last quarter. Private Advisor Group LLC lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 24.4% during the 1st quarter. Private Advisor Group LLC now owns 524,881 shares of the company’s stock worth $100,735,000 after buying an additional 102,918 shares during the last quarter. Y Intercept Hong Kong Ltd lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 240.1% during the 1st quarter. Y Intercept Hong Kong Ltd now owns 6,094 shares of the company’s stock worth $1,170,000 after buying an additional 4,302 shares during the last quarter. Finally, Elevation Point Wealth Partners LLC boosted its stake in Invesco S&P 500 Equal Weight ETF by 69.5% in the first quarter. Elevation Point Wealth Partners LLC now owns 18,574 shares of the company’s stock valued at $3,565,000 after buying an additional 7,613 shares in the last quarter. 61.18% of the stock is currently owned by institutional investors and hedge funds.

Invesco S&P 500 Equal Weight ETF Price Performance

Invesco S&P 500 Equal Weight ETF stock opened at $214.91 on Friday. Invesco S&P 500 Equal Weight ETF has a 12-month low of $179.94 and a 12-month high of $215.61. The business’s 50-day moving average price is $207.33 and its two-hundred day moving average price is $200.89. The stock has a market cap of $93.84 billion, a PE ratio of 20.10 and a beta of 0.91.

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.