Invesco S&P 500 Equal Weight ETF $RSP Shares Newly Acquired by Courage Miller Partners LLC

Courage Miller Partners LLC acquired a new position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) in the 3rd quarter, according to its most recent disclosure with the SEC. The fund acquired 63,950 shares of the company’s stock, valued at approximately $13,303,000. Invesco S&P 500 Equal Weight ETF comprises approximately 3.5% of Courage Miller Partners LLC’s investment portfolio, making the stock its 9th largest position.

A number of other institutional investors also recently bought and sold shares of RSP. Bank of America Corp DE lifted its stake in Invesco S&P 500 Equal Weight ETF by 16.4% during the first quarter. Bank of America Corp DE now owns 25,370,060 shares of the company’s stock worth $4,869,022,000 after purchasing an additional 3,567,441 shares during the last quarter. BlueCrest Capital Management Ltd acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF during the second quarter worth about $400,736,000. Clal Insurance Enterprises Holdings Ltd boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 3.7% in the 1st quarter. Clal Insurance Enterprises Holdings Ltd now owns 1,660,000 shares of the company’s stock valued at $318,587,000 after purchasing an additional 60,000 shares during the period. Trust Co of Tennessee increased its position in Invesco S&P 500 Equal Weight ETF by 1.3% during the third quarter. Trust Co of Tennessee now owns 1,000,351 shares of the company’s stock worth $208,091,000 after buying an additional 12,435 shares during the period. Finally, Janney Montgomery Scott LLC lifted its stake in Invesco S&P 500 Equal Weight ETF by 19.4% in the first quarter. Janney Montgomery Scott LLC now owns 830,928 shares of the company’s stock valued at $159,472,000 after buying an additional 135,061 shares during the last quarter. 61.18% of the stock is owned by hedge funds and other institutional investors.

Invesco S&P 500 Equal Weight ETF Price Performance

RSP stock opened at $216.64 on Thursday. Invesco S&P 500 Equal Weight ETF has a 12 month low of $182.11 and a 12 month high of $223.43. The company has a market cap of $100.12 billion, a price-to-earnings ratio of 20.10 and a beta of 0.92. The company has a fifty day moving average price of $215.49 and a 200 day moving average price of $211.02.

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). 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.