VCI Wealth Management LLC Acquires New Stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

VCI Wealth Management LLC acquired a new stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 6,144 shares of the company’s stock, valued at approximately $970,000.

Several other institutional investors and hedge funds have also recently modified their holdings of RSP. Morgan Stanley increased its holdings in Invesco S&P 500 Equal Weight ETF by 12.8% during the 3rd quarter. Morgan Stanley now owns 18,941,150 shares of the company’s stock worth $2,683,772,000 after purchasing an additional 2,153,993 shares during the period. Bank of New York Mellon Corp boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 70.7% in the 3rd quarter. Bank of New York Mellon Corp now owns 3,732,901 shares of the company’s stock valued at $528,915,000 after purchasing an additional 1,545,894 shares during the period. Chai Trust Co. LLC lifted its position in Invesco S&P 500 Equal Weight ETF by 926.0% during the 3rd quarter. Chai Trust Co. LLC now owns 1,705,786 shares of the company’s stock worth $241,693,000 after acquiring an additional 1,539,527 shares during the period. Ameriprise Financial Inc. lifted its position in Invesco S&P 500 Equal Weight ETF by 53.1% during the 3rd quarter. Ameriprise Financial Inc. now owns 3,120,094 shares of the company’s stock worth $449,410,000 after acquiring an additional 1,082,620 shares during the period. Finally, International Assets Investment Management LLC acquired a new stake in Invesco S&P 500 Equal Weight ETF during the 4th quarter worth approximately $165,805,000.

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

NYSEARCA RSP traded down $0.40 during mid-day trading on Thursday, hitting $162.29. The stock had a trading volume of 7,406,844 shares, compared to its average volume of 6,606,129. Invesco S&P 500 Equal Weight ETF has a 52-week low of $133.34 and a 52-week high of $169.80. The company has a market cap of $55.10 billion, a price-to-earnings ratio of 20.43 and a beta of 0.93. The company has a 50 day simple moving average of $164.03 and a 200 day simple moving average of $154.84.

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).