Brown Brothers Harriman & Co. Increases Stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Brown Brothers Harriman & Co. increased its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 1.2% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 40,743 shares of the company’s stock after purchasing an additional 483 shares during the quarter. Brown Brothers Harriman & Co.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $7,300,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 855.5% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 20,539,639 shares of the company’s stock worth $3,379,816,000 after buying an additional 18,390,083 shares during the period. Strategic Financial Concepts LLC lifted its position in Invesco S&P 500 Equal Weight ETF by 11,793.3% in the second quarter. Strategic Financial Concepts LLC now owns 6,406,233 shares of the company’s stock valued at $10,524,000 after purchasing an additional 6,352,369 shares during the last quarter. US Bancorp DE boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 2,150.4% during the second quarter. US Bancorp DE now owns 2,083,103 shares of the company’s stock valued at $342,213,000 after purchasing an additional 1,990,537 shares during the period. Healthcare of Ontario Pension Plan Trust Fund boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 174.6% during the second quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 2,340,000 shares of the company’s stock valued at $384,415,000 after purchasing an additional 1,488,000 shares during the period. Finally, Envestnet Portfolio Solutions Inc. grew its holdings in shares of Invesco S&P 500 Equal Weight ETF by 1,276.7% in the second quarter. Envestnet Portfolio Solutions Inc. now owns 758,169 shares of the company’s stock worth $124,552,000 after purchasing an additional 703,098 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Up 0.9 %

NYSEARCA:RSP opened at $187.21 on Tuesday. The firm has a market capitalization of $62.70 billion, a P/E ratio of 20.44 and a beta of 0.90. The company has a fifty day moving average of $179.88 and a 200 day moving average of $172.15. Invesco S&P 500 Equal Weight ETF has a 52 week low of $146.09 and a 52 week high of $187.99.

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).