Apexium Financial LP Grows Stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Apexium Financial LP lifted its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 14.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 17,149 shares of the company’s stock after purchasing an additional 2,210 shares during the quarter. Apexium Financial LP’s holdings in Invesco S&P 500 Equal Weight ETF were worth $3,005,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of RSP. Northwestern Mutual Wealth Management Co. grew its holdings in shares of Invesco S&P 500 Equal Weight ETF by 855.5% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 20,539,639 shares of the company’s stock valued at $3,379,816,000 after buying an additional 18,390,083 shares during the last quarter. Healthcare of Ontario Pension Plan Trust Fund increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 174.6% in the 2nd quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 2,340,000 shares of the company’s stock worth $384,415,000 after purchasing an additional 1,488,000 shares in the last quarter. SPX Gestao de Recursos Ltda raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 1,502.5% in 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. Penserra Capital Management LLC boosted its position in shares of 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 valued at $87,088,000 after buying an additional 465,623 shares during the last quarter. Finally, First Interstate Bank increased its holdings in Invesco S&P 500 Equal Weight ETF by 2,324.6% in the 3rd quarter. First Interstate Bank now owns 379,553 shares of the company’s stock worth $68,001,000 after buying an additional 363,899 shares in the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of NYSEARCA:RSP opened at $182.19 on Monday. The business has a 50-day simple moving average of $180.39 and a two-hundred day simple moving average of $176.66. The firm has a market cap of $61.02 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 $155.79 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).