D.A. Davidson & CO. Boosts Holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

D.A. Davidson & CO. grew its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 11.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 162,777 shares of the company’s stock after purchasing an additional 16,192 shares during the period. D.A. Davidson & CO.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $28,524,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Strategic Financial Concepts LLC grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 21,084.0% in the fourth quarter. Strategic Financial Concepts LLC now owns 8,491,606 shares of the company’s stock worth $1,487,984,000 after acquiring an additional 8,451,521 shares during the last quarter. SPX Gestao de Recursos Ltda boosted its stake in 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 worth $160,348,000 after purchasing an additional 839,150 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 about $83,931,000. Penserra Capital Management LLC increased 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 purchasing an additional 465,623 shares in the last quarter. Finally, First Interstate Bank raised its holdings in Invesco S&P 500 Equal Weight ETF by 2,324.6% in the third quarter. First Interstate Bank now owns 379,553 shares of the company’s stock worth $68,001,000 after buying an additional 363,899 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Trading Down 0.1 %

RSP stock opened at $181.08 on Tuesday. The stock’s 50 day simple moving average is $179.08 and its 200 day simple moving average is $177.98. Invesco S&P 500 Equal Weight ETF has a 12-month low of $158.83 and a 12-month high of $188.16. The stock has a market capitalization of $60.65 billion, a PE ratio of 20.44 and a beta of 0.90.

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).