Renasant Bank Has $3.07 Million Stock Holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Renasant Bank boosted its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 25.7% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 17,516 shares of the company’s stock after acquiring an additional 3,581 shares during the period. Invesco S&P 500 Equal Weight ETF comprises about 2.0% of Renasant Bank’s investment portfolio, making the stock its 10th biggest holding. Renasant Bank’s holdings in Invesco S&P 500 Equal Weight ETF were worth $3,069,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in the stock. SJS Investment Consulting Inc. boosted its stake in Invesco S&P 500 Equal Weight ETF by 157.1% during the fourth quarter. SJS Investment Consulting Inc. now owns 144 shares of the company’s stock valued at $25,000 after buying an additional 88 shares in the last quarter. FPC Investment Advisory Inc. acquired a new position in Invesco S&P 500 Equal Weight ETF in the 4th quarter valued at approximately $28,000. Van ECK Associates Corp raised its holdings in shares of Invesco S&P 500 Equal Weight ETF by 105.4% during the fourth quarter. Van ECK Associates Corp now owns 152 shares of the company’s stock worth $27,000 after acquiring an additional 78 shares in the last quarter. Truvestments Capital LLC bought a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 3rd quarter valued at approximately $29,000. Finally, Roxbury Financial LLC bought a new stake in Invesco S&P 500 Equal Weight ETF in the fourth quarter worth approximately $34,000.

Invesco S&P 500 Equal Weight ETF Stock Down 1.0 %

Shares of RSP stock opened at $169.43 on Friday. Invesco S&P 500 Equal Weight ETF has a 12 month low of $158.83 and a 12 month high of $188.16. The business’s 50 day moving average is $178.80 and its two-hundred day moving average is $179.05. The company has a market cap of $70.43 billion, a PE ratio of 21.37 and a beta of 1.07.

Invesco S&P 500 Equal Weight ETF Company 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).