Penserra Capital Management LLC Purchases 465,623 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Penserra Capital Management LLC grew its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 2,274.4% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 486,095 shares of the company’s stock after acquiring an additional 465,623 shares during the quarter. Invesco S&P 500 Equal Weight ETF makes up approximately 1.9% of Penserra Capital Management LLC’s investment portfolio, making the stock its 4th biggest position. Penserra Capital Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $87,088,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Eastern Bank acquired a new position in Invesco S&P 500 Equal Weight ETF during the 3rd quarter worth approximately $28,000. Richardson Financial Services Inc. lifted its position in Invesco S&P 500 Equal Weight ETF by 100.0% during the 3rd quarter. Richardson Financial Services Inc. now owns 166 shares of the company’s stock worth $29,000 after acquiring an additional 83 shares in the last quarter. GHP Investment Advisors Inc. lifted its position in Invesco S&P 500 Equal Weight ETF by 79.1% during the 3rd quarter. GHP Investment Advisors Inc. now owns 163 shares of the company’s stock worth $29,000 after acquiring an additional 72 shares in the last quarter. DHJJ Financial Advisors Ltd. lifted its position in Invesco S&P 500 Equal Weight ETF by 107.5% during the 2nd quarter. DHJJ Financial Advisors Ltd. now owns 193 shares of the company’s stock worth $32,000 after acquiring an additional 100 shares in the last quarter. Finally, Creekmur Asset Management LLC lifted its position in Invesco S&P 500 Equal Weight ETF by 86.5% during the 1st quarter. Creekmur Asset Management LLC now owns 194 shares of the company’s stock worth $33,000 after acquiring an additional 90 shares in the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Performance

Invesco S&P 500 Equal Weight ETF stock opened at $185.53 on Friday. The stock’s 50 day moving average price is $179.66 and its 200 day moving average price is $171.95. The firm has a market capitalization of $62.14 billion, a PE ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a one year low of $146.09 and a one year high of $185.79.

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).