TPG Advisors LLC Purchases 3,195 Shares of Invesco S&P 500 Equal Weight ETF $RSP

TPG Advisors LLC boosted its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 32.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 13,181 shares of the company’s stock after acquiring an additional 3,195 shares during the quarter. Invesco S&P 500 Equal Weight ETF accounts for approximately 1.6% of TPG Advisors LLC’s investment portfolio, making the stock its 16th biggest holding. TPG Advisors LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $2,525,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in RSP. Corient Private Wealth LLC raised its position in 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 acquiring an additional 763,825 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its position in shares of Invesco S&P 500 Equal Weight ETF by 2.6% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 25,293,041 shares of the company’s stock valued at $4,798,090,000 after purchasing an additional 635,369 shares during the period. Endurance Services Ltd bought a new position in shares of Invesco S&P 500 Equal Weight ETF in the third quarter valued at about $96,962,000. Schusterman Interests LLC raised its position in shares of Invesco S&P 500 Equal Weight ETF by 420.8% in the third quarter. Schusterman Interests LLC now owns 625,000 shares of the company’s stock valued at $118,562,000 after purchasing an additional 505,000 shares during the period. Finally, Heck Capital Advisors LLC bought a new position in shares of Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at about $83,931,000. 61.18% of the stock is owned by institutional investors.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of RSP opened at $193.92 on Tuesday. The firm has a market capitalization of $86.09 billion, a PE ratio of 20.10 and a beta of 0.97. The company’s 50-day moving average is $198.09 and its 200-day moving average is $193.64. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $150.35 and a fifty-two week high of $205.24.

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.