Choreo LLC Has $39.50 Million Stock Holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Choreo LLC lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 4,300.2% in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 250,330 shares of the company’s stock after buying an additional 244,641 shares during the period. Invesco S&P 500 Equal Weight ETF comprises about 1.1% of Choreo LLC’s portfolio, making the stock its 23rd biggest holding. Choreo LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $39,502,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Montag & Caldwell LLC bought a new position in shares of Invesco S&P 500 Equal Weight ETF in the fourth quarter worth about $519,000. McAdam LLC boosted its position in Invesco S&P 500 Equal Weight ETF by 5.9% in the fourth quarter. McAdam LLC now owns 239,269 shares of the company’s stock valued at $37,757,000 after buying an additional 13,412 shares in the last quarter. Mather Group LLC. boosted its position in Invesco S&P 500 Equal Weight ETF by 6.4% in the fourth quarter. Mather Group LLC. now owns 2,950 shares of the company’s stock valued at $466,000 after buying an additional 178 shares in the last quarter. Blue Chip Partners LLC grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 83.4% during the fourth quarter. Blue Chip Partners LLC now owns 24,388 shares of the company’s stock worth $3,848,000 after buying an additional 11,093 shares during the last quarter. Finally, Silver Oak Securities Incorporated lifted its stake in shares of Invesco S&P 500 Equal Weight ETF by 43.6% in the 4th quarter. Silver Oak Securities Incorporated now owns 8,598 shares of the company’s stock valued at $1,357,000 after acquiring an additional 2,609 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Up 0.7 %

Shares of RSP stock traded up $1.14 during mid-day trading on Monday, reaching $163.57. 1,711,324 shares of the stock traded hands, compared to its average volume of 6,534,309. The company has a market cap of $55.54 billion, a price-to-earnings ratio of 20.43 and a beta of 0.93. The stock’s fifty day simple moving average is $164.11 and its two-hundred day simple moving average is $155.22. Invesco S&P 500 Equal Weight ETF has a 1-year low of $133.34 and a 1-year high of $169.80.

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).