J. Safra Sarasin Holding AG Makes New $1.80 Million Investment in Invesco S&P 500 Equal Weight ETF $RSP

J. Safra Sarasin Holding AG purchased a new position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 9,381 shares of the company’s stock, valued at approximately $1,800,000.

A number of other institutional investors have also modified their holdings of the company. Brookstone Capital Management boosted its holdings in Invesco S&P 500 Equal Weight ETF by 2.5% in the fourth quarter. Brookstone Capital Management now owns 269,874 shares of the company’s stock valued at $51,697,000 after purchasing an additional 6,481 shares during the period. Banta Asset Management LP purchased a new stake in Invesco S&P 500 Equal Weight ETF during the 4th quarter worth about $1,654,000. Allen Investment Management LLC increased its holdings in Invesco S&P 500 Equal Weight ETF by 32.8% during the 4th quarter. Allen Investment Management LLC now owns 142,450 shares of the company’s stock worth $27,286,000 after purchasing an additional 35,220 shares during the period. Vise Technologies Inc. raised its position in Invesco S&P 500 Equal Weight ETF by 144.2% in the 4th quarter. Vise Technologies Inc. now owns 5,051 shares of the company’s stock valued at $968,000 after purchasing an additional 2,983 shares in the last quarter. Finally, Capital Investment Advisory Services LLC raised its position in Invesco S&P 500 Equal Weight ETF by 67.5% in the 4th quarter. Capital Investment Advisory Services LLC now owns 70,925 shares of the company’s stock valued at $13,586,000 after purchasing an additional 28,586 shares in the last quarter. 61.18% of the stock is owned by institutional investors and hedge funds.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of RSP opened at $214.23 on Tuesday. The stock has a 50-day simple moving average of $208.80 and a 200-day simple moving average of $201.85. The stock has a market capitalization of $96.70 billion, a PE ratio of 20.10 and a beta of 0.91. Invesco S&P 500 Equal Weight ETF has a 1 year low of $179.94 and a 1 year high of $216.37.

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). 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.