Invesco S&P 500 Equal Weight ETF $RSP Shares Purchased by Manning & Napier Advisors LLC

Manning & Napier Advisors LLC increased its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 9.4% in the 1st quarter, HoldingsChannel reports. The firm owned 156,514 shares of the company’s stock after acquiring an additional 13,489 shares during the quarter. Manning & Napier Advisors LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $30,038,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in RSP. Brighton Jones LLC increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 3.4% during the 4th quarter. Brighton Jones LLC now owns 7,516 shares of the company’s stock valued at $1,317,000 after purchasing an additional 246 shares in the last quarter. Heck Capital Advisors LLC purchased a new stake in Invesco S&P 500 Equal Weight ETF during the fourth quarter worth $83,931,000. Bison Wealth LLC boosted its holdings in Invesco S&P 500 Equal Weight ETF by 25.8% during the fourth quarter. Bison Wealth LLC now owns 20,957 shares of the company’s stock worth $3,672,000 after buying an additional 4,295 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC acquired a new stake in Invesco S&P 500 Equal Weight ETF during the first quarter valued at $11,553,000. Finally, Gamco Investors INC. ET AL acquired a new stake in Invesco S&P 500 Equal Weight ETF during the second quarter valued at $279,000. 61.18% of the stock is currently owned by institutional investors and hedge funds.

Invesco S&P 500 Equal Weight ETF Trading Up 0.4%

RSP traded up $0.80 on Friday, reaching $214.30. The stock had a trading volume of 5,539,473 shares, compared to its average volume of 14,463,745. Invesco S&P 500 Equal Weight ETF has a 12-month low of $179.94 and a 12-month high of $216.37. The business’s 50-day moving average price is $208.58 and its two-hundred day moving average price is $201.64. The company has a market cap of $95.63 billion, a P/E ratio of 20.10 and a beta of 0.91.

About Invesco S&P 500 Equal Weight ETF

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.