Wealthfront Advisers LLC Buys 5,082 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Wealthfront Advisers LLC increased its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 29.7% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 22,182 shares of the company’s stock after buying an additional 5,082 shares during the quarter. Wealthfront Advisers LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $3,843,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Invesco Ltd. grew its position in shares of Invesco S&P 500 Equal Weight ETF by 30.6% during the fourth quarter. Invesco Ltd. now owns 9,993,434 shares of the company’s stock worth $1,751,149,000 after purchasing an additional 2,338,882 shares in the last quarter. Texas Permanent School Fund Corp raised its position in Invesco S&P 500 Equal Weight ETF by 318.5% during the 4th quarter. Texas Permanent School Fund Corp now owns 8,162,449 shares of the company’s stock valued at $1,430,306,000 after purchasing an additional 6,211,920 shares in the last quarter. LPL Financial LLC increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 6.7% in the 4th quarter. LPL Financial LLC now owns 4,366,543 shares of the company’s stock valued at $765,149,000 after acquiring an additional 275,904 shares during the period. Temasek Holdings Private Ltd purchased a new position in Invesco S&P 500 Equal Weight ETF during the 4th quarter worth $720,730,000. Finally, Keybank National Association OH grew its stake in Invesco S&P 500 Equal Weight ETF by 0.4% during the 1st quarter. Keybank National Association OH now owns 3,953,423 shares of the company’s stock valued at $684,852,000 after purchasing an additional 16,832 shares during the last quarter. Hedge funds and other institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Trading Up 0.8%

NYSEARCA RSP opened at $184.25 on Friday. The stock has a 50-day moving average of $179.48 and a 200 day moving average of $175.76. Invesco S&P 500 Equal Weight ETF has a twelve month low of $150.35 and a twelve month high of $188.16. The stock has a market capitalization of $73.94 billion, a price-to-earnings ratio of 20.10 and a beta of 1.05.

Invesco S&P 500 Equal Weight ETF 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).