Renasant Bank Has $3.07 Million Holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Renasant Bank lifted its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 25.7% during the fourth quarter, HoldingsChannel.com reports. The fund owned 17,516 shares of the company’s stock after purchasing an additional 3,581 shares during the period. Invesco S&P 500 Equal Weight ETF makes up approximately 2.0% of Renasant Bank’s investment portfolio, making the stock its 10th biggest holding. Renasant Bank’s holdings in Invesco S&P 500 Equal Weight ETF were worth $3,069,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. May Barnhard Investments LLC acquired a new position in Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at about $225,000. JPL Wealth Management LLC acquired a new position in shares of Invesco S&P 500 Equal Weight ETF in the 4th quarter valued at approximately $298,000. MGO Private Wealth LLC bought a new stake in Invesco S&P 500 Equal Weight ETF during the 4th quarter worth approximately $1,182,000. Commonwealth Equity Services LLC increased its position in shares of Invesco S&P 500 Equal Weight ETF by 3.3% during the fourth quarter. Commonwealth Equity Services LLC now owns 1,276,437 shares of the company’s stock worth $223,670,000 after acquiring an additional 40,677 shares in the last quarter. Finally, Stelac Advisory Services LLC increased its holdings in Invesco S&P 500 Equal Weight ETF by 19.3% during the 4th quarter. Stelac Advisory Services LLC now owns 45,327 shares of the company’s stock worth $7,942,000 after purchasing an additional 7,347 shares in the last quarter.

Invesco S&P 500 Equal Weight ETF Price Performance

RSP stock opened at $169.43 on Friday. The stock has a market capitalization of $70.43 billion, a P/E ratio of 21.37 and a beta of 1.07. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $158.83 and a fifty-two week high of $188.16. The business has a 50-day moving average of $178.80 and a 200-day moving average of $179.05.

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).