Lbmc Investment Advisors LLC Purchases 4,262 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Lbmc Investment Advisors LLC raised its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 0.3% in the 4th quarter, Holdings Channel reports. The firm owned 1,342,693 shares of the company’s stock after acquiring an additional 4,262 shares during the period. Invesco S&P 500 Equal Weight ETF accounts for approximately 18.5% of Lbmc Investment Advisors LLC’s holdings, making the stock its 2nd largest position. Lbmc Investment Advisors LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $235,280,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 855.5% in the second 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 during the last quarter. LPL Financial LLC increased its position in Invesco S&P 500 Equal Weight ETF by 9.5% during the 3rd quarter. LPL Financial LLC now owns 4,090,639 shares of the company’s stock worth $732,879,000 after purchasing an additional 354,184 shares in the last quarter. Healthcare of Ontario Pension Plan Trust Fund increased its position in Invesco S&P 500 Equal Weight ETF by 4.2% during 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. lifted its stake in Invesco S&P 500 Equal Weight ETF by 10.6% in the 3rd quarter. Citigroup Inc. now owns 2,082,326 shares of the company’s stock valued at $373,069,000 after purchasing an additional 198,793 shares during the last quarter. Finally, HighTower Advisors LLC boosted its position in Invesco S&P 500 Equal Weight ETF by 2.3% in the third quarter. HighTower Advisors LLC now owns 1,324,876 shares of the company’s stock valued at $237,365,000 after buying an additional 29,620 shares in the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Up 0.5 %

Shares of RSP stock opened at $180.04 on Friday. Invesco S&P 500 Equal Weight ETF has a twelve month low of $153.16 and a twelve month high of $188.16. The stock’s fifty day simple moving average is $180.54 and its 200 day simple moving average is $176.04. The firm has a market capitalization of $60.30 billion, a P/E 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).