Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) Shares Acquired by Garner Asset Management Corp

by · The Markets Daily

Garner Asset Management Corp grew its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSPFree Report) by 4.2% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 15,271 shares of the company’s stock after purchasing an additional 617 shares during the period. Invesco S&P 500 Equal Weight ETF comprises about 1.2% of Garner Asset Management Corp’s holdings, making the stock its 21st biggest holding. Garner Asset Management Corp’s holdings in Invesco S&P 500 Equal Weight ETF were worth $2,736,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also modified their holdings of the company. Northwestern Mutual Wealth Management Co. raised its position in Invesco S&P 500 Equal Weight ETF by 855.5% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 20,539,639 shares of the company’s stock valued at $3,379,816,000 after buying an additional 18,390,083 shares during the period. Strategic Financial Concepts LLC increased its position in Invesco S&P 500 Equal Weight ETF by 11,793.3% in the 2nd quarter. Strategic Financial Concepts LLC now owns 6,406,233 shares of the company’s stock worth $10,524,000 after purchasing an additional 6,352,369 shares during the last quarter. US Bancorp DE increased its position in Invesco S&P 500 Equal Weight ETF by 2,150.4% in the 2nd quarter. US Bancorp DE now owns 2,083,103 shares of the company’s stock worth $342,213,000 after purchasing an additional 1,990,537 shares during the last quarter. Healthcare of Ontario Pension Plan Trust Fund increased its position in Invesco S&P 500 Equal Weight ETF by 174.6% in the 2nd quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 2,340,000 shares of the company’s stock worth $384,415,000 after purchasing an additional 1,488,000 shares during the last quarter. Finally, Envestnet Portfolio Solutions Inc. increased its position in Invesco S&P 500 Equal Weight ETF by 1,276.7% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 758,169 shares of the company’s stock worth $124,552,000 after purchasing an additional 703,098 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of NYSEARCA RSP opened at $185.53 on Friday. The firm has a market cap of $62.14 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90. The business’s 50-day simple moving average is $179.66 and its 200-day simple moving average is $171.95. Invesco S&P 500 Equal Weight ETF has a 52 week low of $146.09 and a 52 week high of $185.79.

Invesco S&P 500 Equal Weight ETF Profile

(Free Report)

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).

See Also

Want to see what other hedge funds are holding RSP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSPFree Report).