Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) Shares Purchased by Golden State Wealth Management LLC

Golden State Wealth Management LLC lifted its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 25.2% in the 1st quarter, Holdings Channel.com reports. The fund owned 3,280 shares of the company’s stock after buying an additional 660 shares during the quarter. Golden State Wealth Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $568,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Texas Permanent School Fund Corp raised its position in Invesco S&P 500 Equal Weight ETF by 318.5% in the fourth quarter. Texas Permanent School Fund Corp now owns 8,162,449 shares of the company’s stock valued at $1,430,306,000 after purchasing an additional 6,211,920 shares during the period. Temasek Holdings Private Ltd purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 4th quarter valued at about $720,730,000. Caisse DE Depot ET Placement DU Quebec acquired a new position in Invesco S&P 500 Equal Weight ETF during the 4th quarter worth approximately $620,875,000. Invesco Ltd. boosted its holdings in Invesco S&P 500 Equal Weight ETF by 30.6% in the 4th quarter. Invesco Ltd. now owns 9,993,434 shares of the company’s stock worth $1,751,149,000 after acquiring an additional 2,338,882 shares during the period. Finally, Bracebridge Capital LLC purchased a new position in Invesco S&P 500 Equal Weight ETF in the 4th quarter worth approximately $250,001,000. Hedge funds and other institutional investors own 61.18% of the company’s stock.

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

Shares of NYSEARCA:RSP opened at $185.18 on Friday. The company has a market capitalization of $74.34 billion, a price-to-earnings ratio of 20.10 and a beta of 1.05. The company has a 50 day moving average of $176.99 and a two-hundred day moving average of $175.28. Invesco S&P 500 Equal Weight ETF has a 52-week low of $150.35 and a 52-week high of $188.16.

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).