Quantinno Capital Management LP Raises Stock Holdings in Invesco S&P 500 Equal Weight ETF $RSP

Quantinno Capital Management LP raised its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 21.9% during the 1st quarter, according to its most recent filing with the SEC. The firm owned 165,683 shares of the company’s stock after acquiring an additional 29,820 shares during the period. Quantinno Capital Management LP’s holdings in Invesco S&P 500 Equal Weight ETF were worth $31,798,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Dorato Capital Management purchased a new position in shares of Invesco S&P 500 Equal Weight ETF during the fourth quarter valued at approximately $26,000. Nalls Sherbakoff Group LLC bought a new position in Invesco S&P 500 Equal Weight ETF during the fourth quarter valued at approximately $29,000. Hurley Capital LLC boosted its holdings in Invesco S&P 500 Equal Weight ETF by 200.0% in the fourth quarter. Hurley Capital LLC now owns 177 shares of the company’s stock worth $34,000 after purchasing an additional 118 shares during the last quarter. Basepoint Wealth LLC purchased a new stake in Invesco S&P 500 Equal Weight ETF in the fourth quarter worth approximately $40,000. Finally, Murphy & Mullick Capital Management Corp bought a new stake in Invesco S&P 500 Equal Weight ETF in the 4th quarter worth approximately $42,000. Hedge funds and other institutional investors own 61.18% of the company’s stock.

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

NYSEARCA:RSP opened at $215.01 on Friday. The company has a market cap of $97.43 billion, a PE ratio of 20.10 and a beta of 0.91. The company has a 50 day simple moving average of $211.72 and a two-hundred day simple moving average of $203.74. Invesco S&P 500 Equal Weight ETF has a 12 month low of $179.94 and a 12 month high of $218.11.

About Invesco S&P 500 Equal Weight ETF

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.