LongView Wealth Management Raises Position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

LongView Wealth Management lifted its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 2.4% in the 1st quarter, HoldingsChannel reports. The firm owned 5,136 shares of the company’s stock after buying an additional 121 shares during the quarter. LongView Wealth Management’s holdings in Invesco S&P 500 Equal Weight ETF were worth $870,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently modified their holdings of the stock. FMR LLC grew its stake in Invesco S&P 500 Equal Weight ETF by 13.3% in the 3rd quarter. FMR LLC now owns 58,513 shares of the company’s stock valued at $8,291,000 after buying an additional 6,874 shares in the last quarter. Natixis Advisors L.P. grew its stake in Invesco S&P 500 Equal Weight ETF by 1.5% in the 3rd quarter. Natixis Advisors L.P. now owns 12,881 shares of the company’s stock valued at $1,825,000 after buying an additional 194 shares in the last quarter. Trexquant Investment LP purchased a new position in Invesco S&P 500 Equal Weight ETF in the 3rd quarter valued at approximately $2,414,000. Reuter James Wealth Management LLC purchased a new position in Invesco S&P 500 Equal Weight ETF in the 3rd quarter valued at approximately $245,000. Finally, Qube Research & Technologies Ltd grew its stake in Invesco S&P 500 Equal Weight ETF by 2,699.3% in the 3rd quarter. Qube Research & Technologies Ltd now owns 288,353 shares of the company’s stock valued at $40,857,000 after buying an additional 278,052 shares in the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Performance

Invesco S&P 500 Equal Weight ETF stock traded up $0.15 during mid-day trading on Friday, reaching $164.31. The company’s stock had a trading volume of 4,760,986 shares, compared to its average volume of 6,062,520. Invesco S&P 500 Equal Weight ETF has a 12-month low of $133.34 and a 12-month high of $169.80. The company has a market capitalization of $55.03 billion, a P/E ratio of 20.44 and a beta of 0.90. The firm’s fifty day moving average price is $164.71 and its two-hundred day moving average price is $161.97.

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).