CapWealth Advisors LLC Has $4.03 Million Stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

CapWealth Advisors LLC lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 8.6% in the 4th quarter, Holdings Channel reports. The institutional investor owned 25,564 shares of the company’s stock after acquiring an additional 2,024 shares during the period. CapWealth Advisors LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $4,034,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the business. Moneta Group Investment Advisors LLC grew its holdings in Invesco S&P 500 Equal Weight ETF by 104,839.6% during the fourth quarter. Moneta Group Investment Advisors LLC now owns 7,956,524 shares of the company’s stock valued at $1,123,859,000 after purchasing an additional 7,948,942 shares during the period. Morgan Stanley grew its holdings in Invesco S&P 500 Equal Weight ETF by 12.8% during the third quarter. Morgan Stanley now owns 18,941,150 shares of the company’s stock valued at $2,683,772,000 after purchasing an additional 2,153,993 shares during the period. Citigroup Inc. grew its holdings in Invesco S&P 500 Equal Weight ETF by 275.0% during the third quarter. Citigroup Inc. now owns 2,278,078 shares of the company’s stock valued at $322,781,000 after purchasing an additional 1,670,580 shares during the period. Bank of New York Mellon Corp grew its holdings in Invesco S&P 500 Equal Weight ETF by 70.7% during the third quarter. Bank of New York Mellon Corp now owns 3,732,901 shares of the company’s stock valued at $528,915,000 after purchasing an additional 1,545,894 shares during the period. Finally, Chai Trust Co. LLC grew its holdings in Invesco S&P 500 Equal Weight ETF by 926.0% during the third quarter. Chai Trust Co. LLC now owns 1,705,786 shares of the company’s stock valued at $241,693,000 after purchasing an additional 1,539,527 shares during the period.

Invesco S&P 500 Equal Weight ETF Stock Up 0.4 %

NYSEARCA RSP traded up $0.56 during trading on Thursday, reaching $159.92. 3,073,970 shares of the stock traded hands, compared to its average volume of 6,607,868. The firm has a market cap of $54.30 billion, a price-to-earnings ratio of 20.43 and a beta of 0.93. The stock’s 50-day moving average price is $163.81 and its 200 day moving average price is $154.08. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $133.34 and a fifty-two week high of $169.80.

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).