Simmons Bank Boosts Stock Holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Simmons Bank lifted its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 483.9% during the 4th quarter, Holdings Channel reports. The institutional investor owned 8,759 shares of the company’s stock after buying an additional 7,259 shares during the period. Simmons Bank’s holdings in Invesco S&P 500 Equal Weight ETF were worth $1,382,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of RSP. Xponance Inc. boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 5.0% during the third quarter. Xponance Inc. now owns 3,131 shares of the company’s stock valued at $444,000 after purchasing an additional 148 shares during the period. Ironwood Wealth Management LLC. boosted its position in Invesco S&P 500 Equal Weight ETF by 12.7% during the 3rd quarter. Ironwood Wealth Management LLC. now owns 16,373 shares of the company’s stock valued at $2,320,000 after buying an additional 1,850 shares during the period. Hills Bank & Trust Co bought a new stake in Invesco S&P 500 Equal Weight ETF in the 3rd quarter worth $145,000. Fiduciary Planning LLC increased its position in shares of Invesco S&P 500 Equal Weight ETF by 480.7% in the third quarter. Fiduciary Planning LLC now owns 17,863 shares of the company’s stock valued at $2,531,000 after acquiring an additional 14,787 shares during the period. Finally, First City Capital Management Inc. bought a new position in shares of Invesco S&P 500 Equal Weight ETF during the third quarter valued at about $208,000.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of NYSEARCA RSP traded up $0.46 during trading hours on Tuesday, hitting $164.50. The company’s stock had a trading volume of 4,485,081 shares, compared to its average volume of 6,558,117. Invesco S&P 500 Equal Weight ETF has a 12 month low of $133.34 and a 12 month high of $169.80. The stock has a market cap of $55.10 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90. The business has a 50-day simple moving average of $164.35 and a 200-day simple moving average of $156.32.

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).