Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) Shares Acquired by Drexel Morgan & Co.

Drexel Morgan & Co. raised its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 37.6% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 13,000 shares of the company’s stock after buying an additional 3,550 shares during the quarter. Invesco S&P 500 Equal Weight ETF comprises 0.5% of Drexel Morgan & Co.’s portfolio, making the stock its 29th largest position. Drexel Morgan & Co.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $2,278,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of the company. LPL Financial LLC raised its holdings in shares of Invesco S&P 500 Equal Weight ETF by 6.7% during the fourth quarter. LPL Financial LLC now owns 4,366,543 shares of the company’s stock worth $765,149,000 after purchasing an additional 275,904 shares during the period. Samalin Investment Counsel LLC raised its stake in Invesco S&P 500 Equal Weight ETF by 1.2% during the fourth quarter. Samalin Investment Counsel LLC now owns 7,411 shares of the company’s stock worth $1,299,000 after acquiring an additional 89 shares during the period. Del Sette Capital Management LLC acquired a new stake in Invesco S&P 500 Equal Weight ETF during the fourth quarter worth about $14,429,000. Simplex Trading LLC bought a new position in Invesco S&P 500 Equal Weight ETF in the fourth quarter worth about $2,978,000. Finally, Blueprint Investment Partners LLC boosted its stake in Invesco S&P 500 Equal Weight ETF by 247.5% in the fourth quarter. Blueprint Investment Partners LLC now owns 10,189 shares of the company’s stock valued at $1,785,000 after acquiring an additional 7,257 shares during the period.

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

Shares of Invesco S&P 500 Equal Weight ETF stock opened at $173.84 on Friday. The stock has a market capitalization of $72.42 billion, a price-to-earnings ratio of 20.93 and a beta of 1.07. Invesco S&P 500 Equal Weight ETF has a twelve month low of $158.83 and a twelve month high of $188.16. The business’s 50 day simple moving average is $178.66 and its 200-day simple moving average is $179.06.

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).