Mutual Advisors LLC Grows Stock Position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Mutual Advisors LLC increased its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 43.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 43,987 shares of the company’s stock after buying an additional 13,417 shares during the quarter. Mutual Advisors LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $7,881,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of the company. Northwestern Mutual Wealth Management Co. grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 855.5% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 20,539,639 shares of the company’s stock valued at $3,379,816,000 after buying an additional 18,390,083 shares during the last quarter. LPL Financial LLC grew its holdings in shares of Invesco S&P 500 Equal Weight ETF by 9.5% in the third quarter. LPL Financial LLC now owns 4,090,639 shares of the company’s stock worth $732,879,000 after purchasing an additional 354,184 shares during the last quarter. Healthcare of Ontario Pension Plan Trust Fund increased its stake in Invesco S&P 500 Equal Weight ETF by 4.2% in the 3rd quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 2,438,000 shares of the company’s stock worth $436,792,000 after buying an additional 98,000 shares during the period. Citigroup Inc. lifted its holdings in Invesco S&P 500 Equal Weight ETF by 10.6% during the 3rd quarter. Citigroup Inc. now owns 2,082,326 shares of the company’s stock valued at $373,069,000 after buying an additional 198,793 shares in the last quarter. Finally, Lbmc Investment Advisors LLC lifted its holdings in Invesco S&P 500 Equal Weight ETF by 0.3% during the 4th quarter. Lbmc Investment Advisors LLC now owns 1,342,693 shares of the company’s stock valued at $235,280,000 after buying an additional 4,262 shares in the last quarter.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of RSP stock opened at $181.49 on Thursday. The company’s 50-day simple moving average is $180.41 and its two-hundred day simple moving average is $176.37. Invesco S&P 500 Equal Weight ETF has a one year low of $155.79 and a one year high of $188.16. The company has a market capitalization of $60.79 billion, a P/E ratio of 20.44 and a beta of 0.90.

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).