Milestone Asset Management LLC Acquires 2,072 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Milestone Asset Management LLC lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 19.7% in the fourth quarter, Holdings Channel.com reports. The fund owned 12,609 shares of the company’s stock after purchasing an additional 2,072 shares during the period. Milestone Asset Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $2,210,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. LPL Financial LLC grew its position in shares of Invesco S&P 500 Equal Weight ETF by 9.5% in the 3rd quarter. LPL Financial LLC now owns 4,090,639 shares of the company’s stock worth $732,879,000 after buying an additional 354,184 shares during the period. Healthcare of Ontario Pension Plan Trust Fund boosted its stake in Invesco S&P 500 Equal Weight ETF by 4.2% in the 3rd quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 2,438,000 shares of the company’s stock worth $436,792,000 after purchasing an additional 98,000 shares in the last quarter. Citigroup Inc. raised its holdings in Invesco S&P 500 Equal Weight ETF by 10.6% in the third quarter. Citigroup Inc. now owns 2,082,326 shares of the company’s stock worth $373,069,000 after buying an additional 198,793 shares during the last quarter. Lbmc Investment Advisors LLC lifted its stake in shares of Invesco S&P 500 Equal Weight ETF by 0.3% in the fourth quarter. Lbmc Investment Advisors LLC now owns 1,342,693 shares of the company’s stock worth $235,280,000 after buying an additional 4,262 shares in the last quarter. Finally, HighTower Advisors LLC increased its position in shares of Invesco S&P 500 Equal Weight ETF by 2.3% during the third quarter. HighTower Advisors LLC now owns 1,324,876 shares of the company’s stock valued at $237,365,000 after acquiring an additional 29,620 shares in the last quarter.

Invesco S&P 500 Equal Weight ETF Trading Down 0.3 %

Shares of RSP opened at $180.81 on Thursday. Invesco S&P 500 Equal Weight ETF has a 12 month low of $155.79 and a 12 month high of $188.16. The business’s fifty day simple moving average is $180.41 and its two-hundred day simple moving average is $176.94. The company has a market cap of $60.56 billion, a price-to-earnings 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).