Renaissance Technologies LLC Purchases 32,030 Shares of Invesco S&P 500 Equal Weight ETF $RSP

Renaissance Technologies LLC grew its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 79.7% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 72,230 shares of the company’s stock after buying an additional 32,030 shares during the quarter. Renaissance Technologies LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $13,862,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Morgan Stanley boosted its stake in Invesco S&P 500 Equal Weight ETF by 7.9% during the 4th 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 during the last quarter. Varma Mutual Pension Insurance Co purchased a new position in shares of Invesco S&P 500 Equal Weight ETF in the fourth quarter worth $327,184,000. Clal Insurance Enterprises Holdings Ltd purchased a new position in shares of Invesco S&P 500 Equal Weight ETF in the fourth quarter worth $306,496,000. BW Gestao de Investimentos Ltda. bought a new position in shares of Invesco S&P 500 Equal Weight ETF during the fourth quarter valued at $287,168,000. Finally, State of Wisconsin Investment Board lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 14.3% during 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 purchasing an additional 1,060,181 shares in the last quarter. Institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Price Performance

Invesco S&P 500 Equal Weight ETF stock opened at $215.01 on Friday. Invesco S&P 500 Equal Weight ETF has a one year low of $179.94 and a one year high of $218.11. The business’s fifty day moving average is $211.72 and its 200 day moving average is $203.74. The stock has a market capitalization of $97.43 billion, a PE ratio of 20.10 and a beta of 0.91.

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.