Retireful LLC Has $9.81 Million Stake in Invesco S&P 500 Equal Weight ETF $RSP

Retireful LLC boosted its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 102.1% in the 2nd quarter, HoldingsChannel.com reports. The fund owned 46,086 shares of the company’s stock after buying an additional 23,287 shares during the period. Invesco S&P 500 Equal Weight ETF comprises 9.3% of Retireful LLC’s holdings, making the stock its biggest position. Retireful LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $9,806,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Morgan Stanley boosted its holdings in shares of 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. Northwestern Mutual Wealth Management Co. increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 3.8% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 26,252,217 shares of the company’s stock worth $5,028,875,000 after purchasing an additional 959,176 shares during the last quarter. Bank of America Corp DE lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 16.4% in the first quarter. Bank of America Corp DE now owns 25,370,060 shares of the company’s stock worth $4,869,022,000 after buying an additional 3,567,441 shares in the last quarter. Invesco Ltd. lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 4.6% in the fourth quarter. Invesco Ltd. now owns 10,144,784 shares of the company’s stock worth $1,943,335,000 after buying an additional 444,846 shares in the last quarter. Finally, State of Wisconsin Investment Board boosted its stake in 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 buying an additional 1,060,181 shares during the last quarter. 61.18% of the stock is currently owned by institutional investors.

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

Shares of Invesco S&P 500 Equal Weight ETF stock opened at $218.60 on Thursday. The firm has a market cap of $98.79 billion, a PE ratio of 20.10 and a beta of 0.91. The stock has a 50 day moving average of $216.87 and a 200 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.

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.