SPX Gestao de Recursos Ltda Boosts Holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

SPX Gestao de Recursos Ltda boosted its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 1,502.5% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 895,000 shares of the company’s stock after acquiring an additional 839,150 shares during the quarter. Invesco S&P 500 Equal Weight ETF accounts for approximately 21.2% of SPX Gestao de Recursos Ltda’s investment portfolio, making the stock its biggest holding. SPX Gestao de Recursos Ltda’s holdings in Invesco S&P 500 Equal Weight ETF were worth $160,348,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. CPA Asset Management LLC lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 4.7% in the third quarter. CPA Asset Management LLC now owns 1,386 shares of the company’s stock worth $248,000 after acquiring an additional 62 shares during the last quarter. Inlet Private Wealth LLC raised its holdings in Invesco S&P 500 Equal Weight ETF by 2.2% in the 3rd quarter. Inlet Private Wealth LLC now owns 2,867 shares of the company’s stock valued at $514,000 after buying an additional 63 shares during the last quarter. Delta Investment Management LLC raised its holdings in Invesco S&P 500 Equal Weight ETF by 0.4% in the 2nd quarter. Delta Investment Management LLC now owns 15,845 shares of the company’s stock valued at $2,603,000 after buying an additional 65 shares during the last quarter. America First Investment Advisors LLC raised its holdings in Invesco S&P 500 Equal Weight ETF by 2.6% in the 2nd quarter. America First Investment Advisors LLC now owns 2,607 shares of the company’s stock valued at $428,000 after buying an additional 66 shares during the last quarter. Finally, Founders Financial Alliance LLC raised its holdings in Invesco S&P 500 Equal Weight ETF by 2.4% in the 2nd quarter. Founders Financial Alliance LLC now owns 2,852 shares of the company’s stock valued at $469,000 after buying an additional 67 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Price Performance

NYSEARCA RSP traded down $0.88 during trading hours on Friday, reaching $181.92. The company’s stock had a trading volume of 1,617,577 shares, compared to its average volume of 6,050,696. The firm has a fifty day simple moving average of $181.94 and a 200-day simple moving average of $173.77. The stock has a market cap of $60.93 billion, a P/E ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a 52 week low of $153.10 and a 52 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).