Farther Finance Advisors LLC Boosts Stock Position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Farther Finance Advisors LLC lifted its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 108.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 74,860 shares of the company’s stock after buying an additional 38,931 shares during the quarter. Farther Finance Advisors LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $13,118,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of RSP. Strategic Financial Concepts LLC increased its holdings in Invesco S&P 500 Equal Weight ETF by 21,084.0% during the 4th quarter. Strategic Financial Concepts LLC now owns 8,491,606 shares of the company’s stock worth $1,487,984,000 after purchasing an additional 8,451,521 shares during the period. SPX Gestao de Recursos Ltda boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 1,502.5% in the 3rd quarter. SPX Gestao de Recursos Ltda now owns 895,000 shares of the company’s stock valued at $160,348,000 after purchasing an additional 839,150 shares during the period. Heck Capital Advisors LLC purchased a new stake in Invesco S&P 500 Equal Weight ETF during the 4th quarter valued at approximately $83,931,000. Penserra Capital Management LLC raised 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 during the last quarter. Finally, Bank Julius Baer & Co. Ltd Zurich raised its stake 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 acquiring an additional 361,259 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Trading Down 1.3 %

Shares of RSP stock opened at $171.88 on Wednesday. The company has a market cap of $71.45 billion, a price-to-earnings ratio of 21.37 and a beta of 1.07. The stock has a 50 day simple moving average of $178.99 and a 200-day simple moving average of $179.17. Invesco S&P 500 Equal Weight ETF has a 12-month low of $158.83 and a 12-month high of $188.16.

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).