Invesco S&P 500 Equal Weight ETF $RSP is Seneca House Advisors’ Largest Position

Seneca House Advisors lessened its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 5.2% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 106,477 shares of the company’s stock after selling 5,857 shares during the period. Invesco S&P 500 Equal Weight ETF comprises approximately 8.1% of Seneca House Advisors’ portfolio, making the stock its biggest position. Seneca House Advisors’ holdings in Invesco S&P 500 Equal Weight ETF were worth $20,435,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Morgan Stanley grew its stake in Invesco S&P 500 Equal Weight ETF by 7.9% in the fourth quarter. Morgan Stanley now owns 31,346,217 shares of the company’s stock valued at $6,004,682,000 after purchasing an additional 2,285,526 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. Clal Insurance Enterprises Holdings Ltd bought a new position in Invesco S&P 500 Equal Weight ETF during the fourth quarter valued at approximately $306,496,000. BW Gestao de Investimentos Ltda. acquired a new stake in Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at approximately $287,168,000. Finally, State of Wisconsin Investment Board lifted its stake 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 acquiring an additional 1,060,181 shares during the last quarter. Hedge funds and other institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Stock Up 0.4%

RSP stock traded up $0.80 during trading hours on Friday, hitting $214.30. The company’s stock had a trading volume of 5,539,473 shares, compared to its average volume of 14,463,745. The stock has a 50 day moving average price of $208.58 and a two-hundred day moving average price of $201.64. Invesco S&P 500 Equal Weight ETF has a 12 month low of $179.94 and a 12 month high of $216.37. The company has a market capitalization of $96.73 billion, a PE ratio of 20.10 and a beta of 0.91.

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.