Invesco S&P 500 Equal Weight ETF $RSP Stock Holdings Lifted by Rainier Family Wealth Inc.

Rainier Family Wealth Inc. grew its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 93.6% in the first quarter, Holdings Channel.com reports. The fund owned 8,124 shares of the company’s stock after buying an additional 3,927 shares during the quarter. Rainier Family Wealth Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $1,559,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of RSP. NBZ Investment Advisors LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF during the third quarter worth $26,000. Dorato Capital Management acquired a new position in shares of Invesco S&P 500 Equal Weight ETF in the 4th quarter valued at $26,000. Aviso Financial Inc. acquired a new position in shares of Invesco S&P 500 Equal Weight ETF in the 3rd quarter valued at $28,000. Nalls Sherbakoff Group LLC purchased a new position in Invesco S&P 500 Equal Weight ETF in the 4th quarter worth about $29,000. Finally, Hurley Capital LLC increased its stake in Invesco S&P 500 Equal Weight ETF by 200.0% in the 4th quarter. Hurley Capital LLC now owns 177 shares of the company’s stock worth $34,000 after purchasing an additional 118 shares in the last quarter. 61.18% of the stock is owned by institutional investors.

Invesco S&P 500 Equal Weight ETF Trading Down 0.2%

NYSEARCA RSP opened at $209.61 on Tuesday. The stock’s 50-day moving average price is $205.28 and its two-hundred day moving average price is $199.68. The company has a market cap of $90.43 billion, a PE ratio of 20.10 and a beta of 0.91. Invesco S&P 500 Equal Weight ETF has a 1 year low of $175.98 and a 1 year high of $214.30.

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.