Invesco S&P 500 Equal Weight ETF $RSP Shares Purchased by Farther Finance Advisors LLC

Farther Finance Advisors LLC raised its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) by 7.7% in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 180,397 shares of the company’s stock after purchasing an additional 12,964 shares during the quarter. Farther Finance Advisors LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $37,527,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of RSP. Bank of America Corp DE grew 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 acquiring an additional 3,567,441 shares during the period. BlueCrest Capital Management Ltd acquired a new stake in Invesco S&P 500 Equal Weight ETF in the 2nd quarter valued at about $400,736,000. Clal Insurance Enterprises Holdings Ltd acquired a new stake in Invesco S&P 500 Equal Weight ETF in the 4th quarter valued at about $306,496,000. State of Wisconsin Investment Board boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 14.3% during the 4th quarter. State of Wisconsin Investment Board now owns 8,485,519 shares of the company’s stock valued at $1,625,486,000 after purchasing an additional 1,060,181 shares in the last quarter. Finally, Eastern Bank bought a new position in shares of Invesco S&P 500 Equal Weight ETF during the 3rd quarter valued at about $155,449,000. 61.18% of the stock is currently owned by institutional investors and hedge funds.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of RSP traded up $1.27 during mid-day trading on Thursday, hitting $211.87. The company’s stock had a trading volume of 12,410,387 shares, compared to its average volume of 12,096,589. The firm has a 50-day moving average price of $216.49 and a 200 day moving average price of $209.42. The stock has a market capitalization of $96.42 billion, a price-to-earnings ratio of 20.10 and a beta of 0.92. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $182.11 and a fifty-two week high of $223.43.

About Invesco S&P 500 Equal Weight ETF

(Free Report)

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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