First Merchants Corp Raises Stock Position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

First Merchants Corp increased its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 10.5% in the fourth quarter, Holdings Channel reports. The firm owned 13,763 shares of the company’s stock after acquiring an additional 1,311 shares during the period. First Merchants Corp’s holdings in Invesco S&P 500 Equal Weight ETF were worth $2,412,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in RSP. SJS Investment Consulting Inc. grew its position in Invesco S&P 500 Equal Weight ETF by 157.1% in the fourth quarter. SJS Investment Consulting Inc. now owns 144 shares of the company’s stock valued at $25,000 after acquiring an additional 88 shares in the last quarter. Van ECK Associates Corp boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 105.4% in the fourth quarter. Van ECK Associates Corp now owns 152 shares of the company’s stock valued at $27,000 after purchasing an additional 78 shares during the period. Eastern Bank acquired a new stake in Invesco S&P 500 Equal Weight ETF during the 3rd quarter valued at $28,000. Richardson Financial Services Inc. increased its stake in Invesco S&P 500 Equal Weight ETF by 100.0% during the 3rd quarter. Richardson Financial Services Inc. now owns 166 shares of the company’s stock worth $29,000 after buying an additional 83 shares during the period. Finally, GHP Investment Advisors Inc. lifted its holdings in Invesco S&P 500 Equal Weight ETF by 79.1% in the 3rd quarter. GHP Investment Advisors Inc. now owns 163 shares of the company’s stock worth $29,000 after buying an additional 72 shares in the last quarter.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of Invesco S&P 500 Equal Weight ETF stock opened at $181.26 on Friday. Invesco S&P 500 Equal Weight ETF has a 1-year low of $157.59 and a 1-year high of $188.16. The company has a market capitalization of $60.71 billion, a PE ratio of 20.44 and a beta of 0.90. The business has a 50-day moving average of $179.25 and a 200-day moving average of $177.78.

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).