Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) Stake Boosted by Migdal Insurance & Financial Holdings Ltd.

Migdal Insurance & Financial Holdings Ltd. grew its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 484.5% in the 4th quarter, Holdings Channel reports. The firm owned 29,518 shares of the company’s stock after acquiring an additional 24,468 shares during the quarter. Migdal Insurance & Financial Holdings Ltd.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $4,661,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently made changes to their positions in the stock. Moneta Group Investment Advisors LLC grew its holdings in Invesco S&P 500 Equal Weight ETF by 104,839.6% in the 4th quarter. Moneta Group Investment Advisors LLC now owns 7,956,524 shares of the company’s stock worth $1,123,859,000 after buying an additional 7,948,942 shares in the last quarter. Morgan Stanley lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 12.8% during the 3rd quarter. Morgan Stanley now owns 18,941,150 shares of the company’s stock valued at $2,683,772,000 after acquiring an additional 2,153,993 shares during the last quarter. Citigroup Inc. lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 275.0% during the 3rd quarter. Citigroup Inc. now owns 2,278,078 shares of the company’s stock valued at $322,781,000 after acquiring an additional 1,670,580 shares during the last quarter. Bank of New York Mellon Corp lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 70.7% during the 3rd quarter. Bank of New York Mellon Corp now owns 3,732,901 shares of the company’s stock valued at $528,915,000 after acquiring an additional 1,545,894 shares during the last quarter. Finally, Chai Trust Co. LLC lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 926.0% during the 3rd quarter. Chai Trust Co. LLC now owns 1,705,786 shares of the company’s stock valued at $241,693,000 after acquiring an additional 1,539,527 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of NYSEARCA:RSP remained flat at $159.69 on Wednesday. The stock had a trading volume of 5,414,783 shares, compared to its average volume of 6,617,389. Invesco S&P 500 Equal Weight ETF has a one year low of $133.34 and a one year high of $169.80. The firm has a fifty day simple moving average of $163.79 and a 200 day simple moving average of $154.04. The stock has a market cap of $54.22 billion, a PE ratio of 20.43 and a beta of 0.93.

About Invesco S&P 500 Equal Weight ETF

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).