Nicollet Investment Management Inc. Purchases New Stake in Invesco S&P 500 Equal Weight ETF $RSP

Nicollet Investment Management Inc. acquired a new stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 43,943 shares of the company’s stock, valued at approximately $8,418,000. Invesco S&P 500 Equal Weight ETF makes up approximately 2.7% of Nicollet Investment Management Inc.’s portfolio, making the stock its 10th biggest position.

Several other large investors also recently bought and sold shares of the company. Northwestern Mutual Wealth Management Co. grew its position in Invesco S&P 500 Equal Weight ETF by 3.8% in 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. LPL Financial LLC grew its position in Invesco S&P 500 Equal Weight ETF by 7.1% in the fourth quarter. LPL Financial LLC now owns 5,486,948 shares of the company’s stock valued at $1,051,080,000 after acquiring an additional 362,412 shares in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS grew its position in Invesco S&P 500 Equal Weight ETF by 0.3% in 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. Cerity Partners LLC grew its position in Invesco S&P 500 Equal Weight ETF by 11.8% in the fourth quarter. Cerity Partners LLC now owns 1,963,478 shares of the company’s stock valued at $376,124,000 after acquiring an additional 207,096 shares in the last quarter. Finally, Varma Mutual Pension Insurance Co acquired a new stake in Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at approximately $327,184,000. Institutional investors and hedge funds own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Stock Down 1.3%

Shares of NYSEARCA:RSP opened at $206.53 on Thursday. Invesco S&P 500 Equal Weight ETF has a 52-week low of $175.98 and a 52-week high of $210.95. The company has a 50 day moving average of $202.66 and a two-hundred day moving average of $198.48. The company has a market capitalization of $89.10 billion, a price-to-earnings ratio of 20.10 and a beta of 0.91.

Invesco S&P 500 Equal Weight ETF Company 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.