AM Investment Strategies LLC Buys Shares of 1,607 Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

AM Investment Strategies LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 1,607 shares of the company’s stock, valued at approximately $282,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Northwestern Mutual Wealth Management Co. increased its stake in Invesco S&P 500 Equal Weight ETF by 855.5% in 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 purchasing an additional 18,390,083 shares in the last quarter. Healthcare of Ontario Pension Plan Trust Fund increased its stake in Invesco S&P 500 Equal Weight ETF by 174.6% in the 2nd quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 2,340,000 shares of the company’s stock worth $384,415,000 after purchasing an additional 1,488,000 shares in the last quarter. SPX Gestao de Recursos Ltda grew its stake in Invesco S&P 500 Equal Weight ETF by 1,502.5% during the 3rd quarter. SPX Gestao de Recursos Ltda now owns 895,000 shares of the company’s stock valued at $160,348,000 after acquiring an additional 839,150 shares in the last quarter. Penserra Capital Management LLC grew its stake in Invesco S&P 500 Equal Weight ETF by 2,274.4% during the 3rd quarter. Penserra Capital Management LLC now owns 486,095 shares of the company’s stock valued at $87,088,000 after acquiring an additional 465,623 shares in the last quarter. Finally, D. E. Shaw & Co. Inc. purchased a new position in Invesco S&P 500 Equal Weight ETF during the 2nd quarter valued at about $63,354,000.

Invesco S&P 500 Equal Weight ETF Price Performance

NYSEARCA:RSP opened at $182.19 on Friday. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $155.79 and a fifty-two week high of $188.16. The stock’s 50-day moving average is $180.36 and its two-hundred day moving average is $176.44. The stock has a market cap of $61.02 billion, a PE ratio of 20.44 and a beta of 0.90.

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).