Oppenheimer & Co. Inc. Increases Stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Oppenheimer & Co. Inc. increased its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 10.0% during the 1st quarter, Holdings Channel.com reports. The institutional investor owned 51,137 shares of the company’s stock after purchasing an additional 4,642 shares during the period. Oppenheimer & Co. Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $8,858,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the business. Van ECK Associates Corp grew its holdings in Invesco S&P 500 Equal Weight ETF by 105.4% during the 4th quarter. Van ECK Associates Corp now owns 152 shares of the company’s stock worth $27,000 after acquiring an additional 78 shares in the last quarter. Cambridge Financial Group Inc. acquired a new position in Invesco S&P 500 Equal Weight ETF during the 4th quarter worth approximately $28,000. Joseph Group Capital Management acquired a new position in Invesco S&P 500 Equal Weight ETF during the 4th quarter worth approximately $29,000. Bridge Generations Wealth Management LLC acquired a new position in Invesco S&P 500 Equal Weight ETF during the 4th quarter worth approximately $29,000. Finally, OLD Second National Bank of Aurora acquired a new position in Invesco S&P 500 Equal Weight ETF during the 1st quarter worth approximately $31,000.

Invesco S&P 500 Equal Weight ETF Stock Up 0.5%

NYSEARCA RSP opened at $178.49 on Tuesday. Invesco S&P 500 Equal Weight ETF has a 52 week low of $150.35 and a 52 week high of $188.16. The stock has a market capitalization of $72.15 billion, a PE ratio of 20.59 and a beta of 0.99. The firm has a 50 day moving average of $173.64 and a two-hundred day moving average of $175.19.

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).