Advisor Resource Council Has $12.26 Million Holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Advisor Resource Council raised its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 234.5% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 72,547 shares of the company’s stock after buying an additional 50,858 shares during the quarter. Invesco S&P 500 Equal Weight ETF comprises approximately 5.0% of Advisor Resource Council’s investment portfolio, making the stock its 2nd biggest holding. Advisor Resource Council’s holdings in Invesco S&P 500 Equal Weight ETF were worth $12,263,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in RSP. Morgan Stanley raised its position in Invesco S&P 500 Equal Weight ETF by 12.8% in the 3rd quarter. Morgan Stanley now owns 18,941,150 shares of the company’s stock valued at $2,683,772,000 after buying an additional 2,153,993 shares during the last quarter. UBS Group AG raised its holdings in shares of Invesco S&P 500 Equal Weight ETF by 1.5% in the fourth quarter. UBS Group AG now owns 6,039,483 shares of the company’s stock valued at $953,030,000 after purchasing an additional 90,811 shares during the last quarter. Clal Insurance Enterprises Holdings Ltd bought a new stake in shares of Invesco S&P 500 Equal Weight ETF in the fourth quarter worth $860,010,000. Balyasny Asset Management L.P. bought a new stake in shares of Invesco S&P 500 Equal Weight ETF in the fourth quarter worth $671,392,000. Finally, Ameriprise Financial Inc. boosted its holdings in Invesco S&P 500 Equal Weight ETF by 53.1% during the third quarter. Ameriprise Financial Inc. now owns 3,120,094 shares of the company’s stock worth $449,410,000 after purchasing an additional 1,082,620 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Price Performance

RSP stock traded up $0.07 during midday trading on Thursday, hitting $163.75. The company’s stock had a trading volume of 2,743,812 shares, compared to its average volume of 6,023,526. The company’s fifty day moving average price is $164.77 and its 200 day moving average price is $162.18. Invesco S&P 500 Equal Weight ETF has a twelve month low of $133.34 and a twelve month high of $169.80. The stock has a market capitalization of $54.85 billion, a P/E 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).