Kestra Advisory Services LLC Grows Stock Holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Kestra Advisory Services LLC boosted its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 1.9% in the 4th quarter, Holdings Channel reports. The fund owned 826,909 shares of the company’s stock after purchasing an additional 15,181 shares during the period. Invesco S&P 500 Equal Weight ETF makes up about 0.8% of Kestra Advisory Services LLC’s investment portfolio, making the stock its 15th biggest position. Kestra Advisory Services LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $144,899,000 at the end of the most recent reporting period.

Several other institutional investors also recently made changes to their positions in RSP. Strategic Financial Concepts LLC increased its position 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 worth $1,487,984,000 after purchasing an additional 8,451,521 shares during the last quarter. SPX Gestao de Recursos Ltda grew its position in Invesco S&P 500 Equal Weight ETF by 1,502.5% in the 3rd 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 bought a new position in Invesco S&P 500 Equal Weight ETF in the 4th quarter worth about $83,931,000. Penserra Capital Management LLC lifted its stake in shares of Invesco S&P 500 Equal Weight ETF by 2,274.4% in the 3rd quarter. Penserra Capital Management LLC now owns 486,095 shares of the company’s stock worth $87,088,000 after acquiring an additional 465,623 shares during the period. Finally, Bank Julius Baer & Co. Ltd Zurich lifted its stake in shares of Invesco S&P 500 Equal Weight ETF by 32,458.1% in the 4th quarter. Bank Julius Baer & Co. Ltd Zurich now owns 362,372 shares of the company’s stock worth $70,074,000 after acquiring an additional 361,259 shares during the period.

Invesco S&P 500 Equal Weight ETF Price Performance

RSP stock opened at $172.66 on Friday. The firm has a 50 day simple moving average of $178.73 and a 200 day simple moving average of $179.04. Invesco S&P 500 Equal Weight ETF has a 12 month low of $158.83 and a 12 month high of $188.16. The firm has a market cap of $71.77 billion, a PE ratio of 21.37 and a beta of 1.07.

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).