Learn languages naturally with fresh, real content!

Popular Topics
Explore By Region
Jackson Grant boosts stake in RSP ETF to 9.7%, making it second-largest holding.
Jackson Grant Investment Advisers increased its stake in the Invesco S&P 500 Equal Weight ETF (RSP), now holding 9.7% of its portfolio, valued at $28.995 million, making it the firm’s second-largest holding.
Garner Asset Management also raised its position in RSP, making it its seventh-largest holding with a 2.1% allocation, worth $5.24 million.
RSP, which tracks the S&P 500 Equal Weight Index with quarterly rebalancing, has a market cap of $84.64 billion, a P/E ratio of 20.10, and a beta of 0.99.
The ETF opened at $204.09 on Friday, trading above its 50-day and 200-day moving averages, with institutional investors owning 61.18% of shares.
Meanwhile, the Invesco S&P 500 Equal Weight Consumer Discretionary ETF (RCD) rose 1% to $21.63, with a 12-month range of $17.50 to $22.57.
Jackson Grant aumenta su participación en RSP ETF al 9.7%, convirtiéndola en la segunda mayor participación.