Freedom Day Solutions LLC Takes $1.47 Million Position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Freedom Day Solutions LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 8,404 shares of the company’s stock, valued at approximately $1,473,000.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the business. Strategic Financial Concepts LLC increased its position in shares of Invesco S&P 500 Equal Weight ETF by 21,084.0% during 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 purchasing an additional 8,451,521 shares during the last quarter. LPL Financial LLC grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 9.5% during the 3rd quarter. LPL Financial LLC now owns 4,090,639 shares of the company’s stock valued at $732,879,000 after acquiring an additional 354,184 shares during the period. Healthcare of Ontario Pension Plan Trust Fund grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 4.2% during the 3rd 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. grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 10.6% during the 3rd 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 period. Finally, Lbmc Investment Advisors LLC grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 0.3% during the 4th quarter. Lbmc Investment Advisors LLC now owns 1,342,693 shares of the company’s stock valued at $235,280,000 after acquiring an additional 4,262 shares during the period.

Invesco S&P 500 Equal Weight ETF Trading Up 0.2 %

Shares of NYSEARCA:RSP opened at $182.84 on Thursday. The stock has a 50 day moving average of $179.00 and a 200 day moving average of $178.17. The company has a market cap of $61.24 billion, a PE ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a 12-month low of $158.83 and a 12-month high of $188.16.

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).