Breakwater Capital Group Has $15.73 Million Stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Breakwater Capital Group decreased its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 0.1% during the 4th quarter, Holdings Channel reports. The firm owned 89,757 shares of the company’s stock after selling 75 shares during the quarter. Invesco S&P 500 Equal Weight ETF comprises 3.1% of Breakwater Capital Group’s holdings, making the stock its 4th largest position. Breakwater Capital Group’s holdings in Invesco S&P 500 Equal Weight ETF were worth $15,728,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in RSP. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 855.5% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 20,539,639 shares of the company’s stock worth $3,379,816,000 after buying an additional 18,390,083 shares in the last quarter. Healthcare of Ontario Pension Plan Trust Fund boosted its stake in Invesco S&P 500 Equal Weight ETF by 174.6% during the second quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 2,340,000 shares of the company’s stock worth $384,415,000 after acquiring an additional 1,488,000 shares in the last quarter. SPX Gestao de Recursos Ltda boosted its stake in Invesco S&P 500 Equal Weight ETF by 1,502.5% during the third quarter. SPX Gestao de Recursos Ltda now owns 895,000 shares of the company’s stock worth $160,348,000 after acquiring an additional 839,150 shares in the last quarter. Penserra Capital Management LLC grew its holdings in Invesco S&P 500 Equal Weight ETF by 2,274.4% in the third quarter. Penserra Capital Management LLC now owns 486,095 shares of the company’s stock worth $87,088,000 after purchasing an additional 465,623 shares during the period. Finally, D. E. Shaw & Co. Inc. bought a new stake in Invesco S&P 500 Equal Weight ETF in the second quarter valued at $63,354,000.

Invesco S&P 500 Equal Weight ETF Stock Performance

RSP stock opened at $174.67 on Tuesday. The stock’s 50 day simple moving average is $180.85 and its 200 day simple moving average is $175.71. The company has a market cap of $58.50 billion, a P/E ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $153.10 and a fifty-two week high of $188.16.

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).