Johnson Bixby & Associates LLC Has $6.01 Million Stake in Invesco S&P 500 Equal Weight ETF $RSP

Johnson Bixby & Associates LLC lowered its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 8.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 31,384 shares of the company’s stock after selling 3,011 shares during the quarter. Invesco S&P 500 Equal Weight ETF makes up approximately 0.7% of Johnson Bixby & Associates LLC’s investment portfolio, making the stock its 25th largest position. Johnson Bixby & Associates LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $6,012,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in RSP. North Peak Capital Management LLC lifted its stake in Invesco S&P 500 Equal Weight ETF by 227.3% in the 2nd quarter. North Peak Capital Management LLC now owns 1,374,131 shares of the company’s stock valued at $249,735,000 after purchasing an additional 2,453,262 shares during the last quarter. Corient Private Wealth LLC grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 303.3% during the second quarter. Corient Private Wealth LLC now owns 1,015,653 shares of the company’s stock worth $184,495,000 after buying an additional 763,825 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 2.6% during the third quarter. Northwestern Mutual Wealth Management Co. now owns 25,293,041 shares of the company’s stock worth $4,798,090,000 after buying an additional 635,369 shares during the last quarter. Endurance Services Ltd acquired a new position in shares of Invesco S&P 500 Equal Weight ETF during the third quarter worth $96,962,000. Finally, Schusterman Interests LLC increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 420.8% during the third quarter. Schusterman Interests LLC now owns 625,000 shares of the company’s stock worth $118,562,000 after buying an additional 505,000 shares in the last quarter. 61.18% of the stock is owned by institutional investors.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of RSP opened at $188.46 on Monday. Invesco S&P 500 Equal Weight ETF has a 52 week low of $150.35 and a 52 week high of $205.24. The stock has a market capitalization of $78.15 billion, a price-to-earnings ratio of 20.10 and a beta of 0.99. The stock has a fifty day moving average of $198.88 and a 200-day moving average of $193.51.

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.