Mccarter Private Wealth Services LLC Acquires 3,315 Shares of Invesco S&P 500 Equal Weight ETF $RSP

Mccarter Private Wealth Services LLC boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 51.7% during the 4th quarter, Holdings Channel.com reports. The fund owned 9,724 shares of the company’s stock after purchasing an additional 3,315 shares during the period. Mccarter Private Wealth Services LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $1,863,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Northwestern Mutual Wealth Management Co. raised its position in Invesco S&P 500 Equal Weight ETF by 3.8% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 26,252,217 shares of the company’s stock valued at $5,028,875,000 after acquiring an additional 959,176 shares in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its position in Invesco S&P 500 Equal Weight ETF by 0.3% during the fourth quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 3,579,650 shares of the company’s stock valued at $685,718,000 after acquiring an additional 9,309 shares in the last quarter. Varma Mutual Pension Insurance Co bought a new position in Invesco S&P 500 Equal Weight ETF during the fourth quarter valued at approximately $327,184,000. BW Gestao de Investimentos Ltda. bought a new position in Invesco S&P 500 Equal Weight ETF during the fourth quarter valued at approximately $287,168,000. Finally, HighTower Advisors LLC raised its position in Invesco S&P 500 Equal Weight ETF by 4.1% during the fourth quarter. HighTower Advisors LLC now owns 1,409,611 shares of the company’s stock valued at $270,025,000 after acquiring an additional 55,250 shares in the last quarter. Institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of RSP opened at $210.04 on Wednesday. The firm has a market cap of $90.61 billion, a PE ratio of 20.10 and a beta of 0.92. The firm’s 50 day moving average price is $200.12 and its 200 day moving average price is $197.36. Invesco S&P 500 Equal Weight ETF has a twelve month low of $175.93 and a twelve month high of $210.12.

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.