Integrated Advisors Network LLC lessened its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) by 7.4% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 54,587 shares of the company’s stock after selling 4,358 shares during the quarter. Integrated Advisors Network LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $11,355,000 as of its most recent SEC filing.
Several other large investors also recently made changes to their positions in the stock. Bank of America Corp DE increased its holdings 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 buying an additional 3,567,441 shares during the last quarter. BlueCrest Capital Management Ltd bought a new stake in Invesco S&P 500 Equal Weight ETF during the second quarter worth $400,736,000. Eastern Bank bought a new stake in Invesco S&P 500 Equal Weight ETF during the third quarter worth $155,449,000. Rokos Capital Management LLP bought a new stake in Invesco S&P 500 Equal Weight ETF during the first quarter worth $134,688,000. Finally, Quantum Portfolio Management LLC acquired a new stake in Invesco S&P 500 Equal Weight ETF in the first quarter valued at $104,325,000. Institutional investors and hedge funds own 61.18% of the company’s stock.
Invesco S&P 500 Equal Weight ETF Price Performance
Shares of RSP stock opened at $215.86 on Wednesday. The company has a fifty day moving average price of $215.58 and a two-hundred day moving average price of $210.85. Invesco S&P 500 Equal Weight ETF has a one year low of $182.11 and a one year high of $223.43. The stock has a market cap of $99.76 billion, a P/E ratio of 20.10 and a beta of 0.92.
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.
Featured Stories
- Five stocks we like better than Invesco S&P 500 Equal Weight ETF
- Aurora Rejects Curaleaf’s Higher Bid, But the Takeover Fight Isn’t Over
- Centrus Energy Is Building a Nuclear Fuel Powerhouse—Why Is Its Stock Struggling?
- Halliburton Gains Traction: Multiyear Upcycle Ahead
- Meta Platforms’ AI Comeback Faces an Earnings Test—And a $10 Billion Charge
Want to see what other hedge funds are holding RSP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report).
Receive News & Ratings for Invesco S&P 500 Equal Weight ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco S&P 500 Equal Weight ETF and related companies with MarketBeat.com's FREE daily email newsletter.
