Novare Capital Management LLC Buys 173 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Novare Capital Management LLC lifted its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 3.3% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 5,426 shares of the company’s stock after purchasing an additional 173 shares during the period. Novare Capital Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $951,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Northwestern Mutual Wealth Management Co. lifted its holdings in Invesco S&P 500 Equal Weight ETF by 855.5% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 20,539,639 shares of the company’s stock worth $3,379,816,000 after buying an additional 18,390,083 shares in the last quarter. LPL Financial LLC raised its position in shares of Invesco S&P 500 Equal Weight ETF by 9.5% during the third quarter. LPL Financial LLC now owns 4,090,639 shares of the company’s stock worth $732,879,000 after acquiring an additional 354,184 shares during the last quarter. Healthcare of Ontario Pension Plan Trust Fund lifted its stake in shares of Invesco S&P 500 Equal Weight ETF by 4.2% during the third quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 2,438,000 shares of the company’s stock valued at $436,792,000 after acquiring an additional 98,000 shares during the period. Citigroup Inc. boosted its holdings in Invesco S&P 500 Equal Weight ETF by 10.6% in the third quarter. Citigroup Inc. now owns 2,082,326 shares of the company’s stock valued at $373,069,000 after acquiring an additional 198,793 shares during the last quarter. Finally, Lbmc Investment Advisors LLC increased its position in Invesco S&P 500 Equal Weight ETF by 0.3% in the fourth quarter. Lbmc Investment Advisors LLC now owns 1,342,693 shares of the company’s stock worth $235,280,000 after purchasing an additional 4,262 shares during the period.

Invesco S&P 500 Equal Weight ETF Trading Down 0.1 %

Shares of NYSEARCA:RSP opened at $182.19 on Friday. Invesco S&P 500 Equal Weight ETF has a 1-year low of $155.79 and a 1-year high of $188.16. The stock has a market capitalization of $61.02 billion, a P/E ratio of 20.44 and a beta of 0.90. The business has a 50-day moving average price of $180.39 and a two-hundred day moving average price of $176.57.

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).