Calamos Advisors LLC acquired a new position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 20,431 shares of the company’s stock, valued at approximately $3,921,000.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. AMG National Trust Bank grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 110.8% in the 1st quarter. AMG National Trust Bank now owns 9,409 shares of the company’s stock valued at $1,806,000 after buying an additional 4,945 shares in the last quarter. Retirement Planning Group LLC lifted its stake in Invesco S&P 500 Equal Weight ETF by 245.8% in the first quarter. Retirement Planning Group LLC now owns 17,343 shares of the company’s stock valued at $3,328,000 after acquiring an additional 12,328 shares during the last quarter. Evernest Financial Advisors LLC lifted its stake in Invesco S&P 500 Equal Weight ETF by 20.2% in the first quarter. Evernest Financial Advisors LLC now owns 114,053 shares of the company’s stock valued at $23,015,000 after acquiring an additional 19,175 shares during the last quarter. Bryn Mawr Trust Advisors LLC grew its position in Invesco S&P 500 Equal Weight ETF by 5.8% in the first quarter. Bryn Mawr Trust Advisors LLC now owns 49,184 shares of the company’s stock worth $9,439,000 after acquiring an additional 2,715 shares in the last quarter. Finally, Bleakley Financial Group LLC grew its position in Invesco S&P 500 Equal Weight ETF by 84.1% in the first quarter. Bleakley Financial Group LLC now owns 144,627 shares of the company’s stock worth $27,757,000 after acquiring an additional 66,049 shares in the last quarter. Hedge funds and other institutional investors own 61.18% of the company’s stock.
Invesco S&P 500 Equal Weight ETF Trading Down 0.2%
Invesco S&P 500 Equal Weight ETF stock opened at $212.97 on Thursday. The company has a market capitalization of $95.64 billion, a P/E ratio of 20.10 and a beta of 0.91. The firm’s fifty day simple moving average is $209.16 and its 200-day simple moving average is $202.12. Invesco S&P 500 Equal Weight ETF has a 1-year low of $179.94 and a 1-year high of $216.37.
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). The Index utilizes quarterly rebalancing to maintain its equal-weight stance. Under normal circumstances, the Fund will invest at least 90% of its net assets, plus any borrowing for investment purposes, in the equity securities (and derivatives thereof) included in the Index.
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