Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) is SPX Gestao de Recursos Ltda’s 6th Largest Position

SPX Gestao de Recursos Ltda decreased its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 81.9% in the fourth quarter, Holdings Channel.com reports. The firm owned 161,895 shares of the company’s stock after selling 733,105 shares during the period. Invesco S&P 500 Equal Weight ETF makes up approximately 4.3% of SPX Gestao de Recursos Ltda’s investment portfolio, making the stock its 6th biggest position. SPX Gestao de Recursos Ltda’s holdings in Invesco S&P 500 Equal Weight ETF were worth $28,369,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently made changes to their positions in RSP. Strategic Financial Concepts LLC boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 21,084.0% in the 4th quarter. Strategic Financial Concepts LLC now owns 8,491,606 shares of the company’s stock valued at $1,487,984,000 after purchasing an additional 8,451,521 shares in the last quarter. Heck Capital Advisors LLC purchased a new stake in Invesco S&P 500 Equal Weight ETF during the 4th quarter valued at $83,931,000. Penserra Capital Management LLC boosted its position 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 buying an additional 465,623 shares during the period. Bank Julius Baer & Co. Ltd Zurich boosted its position in Invesco S&P 500 Equal Weight ETF by 32,458.1% during the 4th quarter. Bank Julius Baer & Co. Ltd Zurich now owns 362,372 shares of the company’s stock valued at $70,074,000 after buying an additional 361,259 shares during the period. Finally, Kovitz Investment Group Partners LLC boosted its position in Invesco S&P 500 Equal Weight ETF by 1,116.1% during the 3rd quarter. Kovitz Investment Group Partners LLC now owns 386,527 shares of the company’s stock valued at $64,951,000 after buying an additional 354,742 shares during the period.

Invesco S&P 500 Equal Weight ETF Stock Down 1.4 %

Shares of RSP opened at $174.20 on Tuesday. The stock has a market capitalization of $72.41 billion, a P/E ratio of 21.37 and a beta of 1.07. The firm has a fifty day simple moving average of $179.06 and a two-hundred day simple moving average of $179.19. Invesco S&P 500 Equal Weight ETF has a twelve month low of $158.83 and a twelve month 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).