Montis Financial LLC Raises Position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Montis Financial LLC lifted its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 25.8% during the fourth quarter, Holdings Channel.com reports. The firm owned 70,152 shares of the company’s stock after buying an additional 14,378 shares during the period. Invesco S&P 500 Equal Weight ETF accounts for approximately 3.8% of Montis Financial LLC’s holdings, making the stock its 7th largest position. Montis Financial LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $12,293,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Strategic Financial Concepts LLC lifted its holdings in Invesco S&P 500 Equal Weight ETF by 21,084.0% in 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 buying an additional 8,451,521 shares during the period. SPX Gestao de Recursos Ltda raised its holdings in Invesco S&P 500 Equal Weight ETF by 1,502.5% in the third quarter. SPX Gestao de Recursos Ltda now owns 895,000 shares of the company’s stock worth $160,348,000 after purchasing an additional 839,150 shares during the period. Heck Capital Advisors LLC acquired a new stake in Invesco S&P 500 Equal Weight ETF in the fourth quarter worth $83,931,000. Penserra Capital Management LLC raised its holdings in Invesco S&P 500 Equal Weight ETF by 2,274.4% in the third quarter. Penserra Capital Management LLC now owns 486,095 shares of the company’s stock worth $87,088,000 after purchasing an additional 465,623 shares during the period. Finally, Bank Julius Baer & Co. Ltd Zurich raised its holdings in Invesco S&P 500 Equal Weight ETF by 32,458.1% in the fourth quarter. Bank Julius Baer & Co. Ltd Zurich now owns 362,372 shares of the company’s stock worth $70,074,000 after purchasing an additional 361,259 shares during the period.

Invesco S&P 500 Equal Weight ETF Stock Performance

RSP opened at $172.66 on Friday. The firm’s fifty day moving average is $178.73 and its two-hundred day moving average is $179.04. The firm has a market cap of $71.77 billion, a PE ratio of 21.37 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.

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).