Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) Shares Purchased by Spectrum Asset Management Inc. NB CA

Spectrum Asset Management Inc. NB CA raised its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 20.6% during the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 80,718 shares of the company’s stock after purchasing an additional 13,803 shares during the period. Invesco S&P 500 Equal Weight ETF accounts for approximately 6.4% of Spectrum Asset Management Inc. NB CA’s portfolio, making the stock its 2nd biggest holding. Spectrum Asset Management Inc. NB CA’s holdings in Invesco S&P 500 Equal Weight ETF were worth $14,144,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in RSP. Sandy Cove Advisors LLC purchased a new stake in Invesco S&P 500 Equal Weight ETF during the 4th quarter valued at about $222,000. Riversedge Advisors LLC boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 6.7% during the 3rd quarter. Riversedge Advisors LLC now owns 125,426 shares of the company’s stock worth $22,471,000 after purchasing an additional 7,883 shares during the last quarter. Blue Trust Inc. grew its position in shares of Invesco S&P 500 Equal Weight ETF by 39.6% in the third quarter. Blue Trust Inc. now owns 610 shares of the company’s stock valued at $100,000 after purchasing an additional 173 shares in the last quarter. Montis Financial LLC increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 61.3% in the third quarter. Montis Financial LLC now owns 55,774 shares of the company’s stock valued at $9,992,000 after purchasing an additional 21,202 shares during the last quarter. Finally, Captrust Financial Advisors increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 1.7% in the third quarter. Captrust Financial Advisors now owns 130,915 shares of the company’s stock valued at $23,455,000 after purchasing an additional 2,206 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Performance

NYSEARCA RSP opened at $181.11 on Friday. The stock’s fifty day moving average is $179.89 and its two-hundred day moving average is $177.36. The firm has a market capitalization of $60.66 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 $156.16 and a fifty-two week high of $188.16.

Invesco S&P 500 Equal Weight ETF 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).