Silver Oak Securities Incorporated Has $2.53 Million Position in Invesco S&P 500 Equal Weight ETF $RSP

Silver Oak Securities Incorporated reduced its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 52.7% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 13,179 shares of the company’s stock after selling 14,688 shares during the quarter. Silver Oak Securities Incorporated’s holdings in Invesco S&P 500 Equal Weight ETF were worth $2,529,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in RSP. Morgan Stanley grew its holdings in shares of Invesco S&P 500 Equal Weight ETF by 7.9% in the 4th quarter. Morgan Stanley now owns 31,346,217 shares of the company’s stock worth $6,004,682,000 after purchasing an additional 2,285,526 shares during the last quarter. Varma Mutual Pension Insurance Co acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 4th quarter worth about $327,184,000. Clal Insurance Enterprises Holdings Ltd bought a new position in Invesco S&P 500 Equal Weight ETF during the 4th quarter valued at about $306,496,000. BW Gestao de Investimentos Ltda. bought a new position in Invesco S&P 500 Equal Weight ETF during the 4th quarter valued at about $287,168,000. Finally, State of Wisconsin Investment Board boosted its position in Invesco S&P 500 Equal Weight ETF by 14.3% in the fourth quarter. State of Wisconsin Investment Board now owns 8,485,519 shares of the company’s stock valued at $1,625,486,000 after buying an additional 1,060,181 shares in the last quarter. 61.18% of the stock is owned by institutional investors.

Invesco S&P 500 Equal Weight ETF Stock Up 0.7%

NYSEARCA:RSP opened at $210.38 on Thursday. The firm has a market cap of $90.76 billion, a PE ratio of 20.10 and a beta of 0.91. Invesco S&P 500 Equal Weight ETF has a 12 month low of $178.60 and a 12 month high of $214.30. The company’s 50-day moving average price is $205.75 and its two-hundred day moving average price is $199.94.

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.