Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) is Horizon Investments LLC’s 6th Largest Position

Horizon Investments LLC increased its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 8.6% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 959,525 shares of the company’s stock after acquiring an additional 76,324 shares during the period. Invesco S&P 500 Equal Weight ETF accounts for about 4.8% of Horizon Investments LLC’s holdings, making the stock its 6th biggest holding. Horizon Investments LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $168,138,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in RSP. Strategic Financial Concepts LLC raised its holdings in shares of Invesco S&P 500 Equal Weight ETF by 21,084.0% during the fourth quarter. Strategic Financial Concepts LLC now owns 8,491,606 shares of the company’s stock valued at $1,487,984,000 after acquiring an additional 8,451,521 shares during the last quarter. SPX Gestao de Recursos Ltda lifted its holdings 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 valued at $160,348,000 after purchasing an additional 839,150 shares in the last quarter. Heck Capital Advisors LLC acquired a new stake in Invesco S&P 500 Equal Weight ETF during the 4th quarter worth $83,931,000. Penserra Capital Management LLC grew its holdings in shares of Invesco S&P 500 Equal Weight ETF by 2,274.4% during the third quarter. Penserra Capital Management LLC now owns 486,095 shares of the company’s stock worth $87,088,000 after buying an additional 465,623 shares in the last quarter. Finally, Bank Julius Baer & Co. Ltd Zurich grew its holdings in shares of Invesco S&P 500 Equal Weight ETF by 32,458.1% during the fourth quarter. Bank Julius Baer & Co. Ltd Zurich now owns 362,372 shares of the company’s stock worth $70,074,000 after buying an additional 361,259 shares in the last quarter.

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

NYSEARCA:RSP opened at $174.99 on Tuesday. The company has a market cap of $72.90 billion, a P/E ratio of 20.93 and a beta of 1.07. Invesco S&P 500 Equal Weight ETF has a twelve month low of $158.83 and a twelve month high of $188.16. The company’s 50-day moving average price is $178.71 and its 200-day moving average price is $179.11.

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).