Invesco S&P 500 Equal Weight ETF $RSP Stake Lifted by Waycross Investment Management Co

Waycross Investment Management Co grew its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 11.0% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 30,858 shares of the company’s stock after purchasing an additional 3,047 shares during the quarter. Invesco S&P 500 Equal Weight ETF makes up about 3.8% of Waycross Investment Management Co’s portfolio, making the stock its 7th biggest holding. Waycross Investment Management Co’s holdings in Invesco S&P 500 Equal Weight ETF were worth $6,566,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of the business. Nalls Sherbakoff Group LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at about $29,000. Brandywine Financial Group boosted its position in Invesco S&P 500 Equal Weight ETF by 636.8% during the second quarter. Brandywine Financial Group now owns 140 shares of the company’s stock worth $30,000 after acquiring an additional 121 shares during the last quarter. Hurley Capital LLC grew its stake in Invesco S&P 500 Equal Weight ETF by 200.0% during the 4th quarter. Hurley Capital LLC now owns 177 shares of the company’s stock valued at $34,000 after acquiring an additional 118 shares in the last quarter. Asset Dedication LLC purchased a new stake in Invesco S&P 500 Equal Weight ETF during the 1st quarter valued at about $36,000. Finally, Basepoint Wealth LLC acquired a new stake in Invesco S&P 500 Equal Weight ETF in the 4th quarter valued at about $40,000. Hedge funds and other institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Trading Up 0.5%

RSP stock opened at $218.60 on Thursday. The firm has a 50-day moving average of $216.87 and a two-hundred day moving average of $207.17. Invesco S&P 500 Equal Weight ETF has a 12 month low of $182.11 and a 12 month high of $223.43. The company has a market cap of $98.79 billion, a price-to-earnings 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.