Banque Pictet & Cie SA Increases Stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Banque Pictet & Cie SA grew its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 123.6% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 7,425 shares of the company’s stock after buying an additional 4,105 shares during the quarter. Banque Pictet & Cie SA’s holdings in Invesco S&P 500 Equal Weight ETF were worth $1,301,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also made changes to their positions in RSP. Strategic Financial Concepts LLC boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 21,084.0% in the 4th 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 lifted its stake in Invesco S&P 500 Equal Weight ETF by 1,502.5% during 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 last quarter. Heck Capital Advisors LLC purchased a new stake in Invesco S&P 500 Equal Weight ETF during the fourth quarter worth approximately $83,931,000. Penserra Capital Management LLC lifted its stake in Invesco S&P 500 Equal Weight ETF by 2,274.4% during 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 last quarter. Finally, First Interstate Bank lifted its stake in Invesco S&P 500 Equal Weight ETF by 2,324.6% during the third quarter. First Interstate Bank now owns 379,553 shares of the company’s stock worth $68,001,000 after purchasing an additional 363,899 shares during the last quarter.

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

RSP stock opened at $181.08 on Friday. The business has a 50 day moving average price of $179.16 and a 200 day moving average price of $177.80. The stock has a market cap of $60.65 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $158.83 and a fifty-two week high of $188.16.

Invesco S&P 500 Equal Weight ETF 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).