Equity Investment Corp Increases Holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Equity Investment Corp lifted its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 286.7% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,730 shares of the company’s stock after acquiring an additional 7,955 shares during the quarter. Equity Investment Corp’s holdings in Invesco S&P 500 Equal Weight ETF were worth $1,922,000 at the end of the most recent quarter.

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

Invesco S&P 500 Equal Weight ETF Stock Performance

RSP stock opened at $180.94 on Monday. Invesco S&P 500 Equal Weight ETF has a 1 year low of $144.35 and a 1 year high of $185.79. The stock’s 50 day moving average price is $178.67 and its 200 day moving average price is $171.32. The firm has a market cap of $60.60 billion, a P/E 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).