25,154 Shares of Invesco S&P 500 Equal Weight ETF $RSP Purchased by Samalin Investment Counsel LLC

Samalin Investment Counsel LLC bought a new position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 25,154 shares of the company’s stock, valued at approximately $5,233,000. Invesco S&P 500 Equal Weight ETF comprises 1.6% of Samalin Investment Counsel LLC’s holdings, making the stock its 10th biggest holding.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Bank of America Corp DE raised its position 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 valued at $4,869,022,000 after acquiring an additional 3,567,441 shares in the last quarter. BlueCrest Capital Management Ltd purchased a new stake in Invesco S&P 500 Equal Weight ETF in the 2nd quarter worth approximately $400,736,000. Clal Insurance Enterprises Holdings Ltd boosted its position in 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 worth $318,587,000 after purchasing an additional 60,000 shares in the last quarter. Trust Co of Tennessee grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 1.3% during the 3rd quarter. Trust Co of Tennessee now owns 1,000,351 shares of the company’s stock worth $208,091,000 after purchasing an additional 12,435 shares during the period. Finally, Janney Montgomery Scott LLC grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 19.4% during the 1st quarter. Janney Montgomery Scott LLC now owns 830,928 shares of the company’s stock worth $159,472,000 after purchasing an additional 135,061 shares during the period. 61.18% of the stock is owned by institutional investors and hedge funds.

Invesco S&P 500 Equal Weight ETF Stock Performance

RSP stock opened at $216.54 on Monday. Invesco S&P 500 Equal Weight ETF has a one year low of $182.11 and a one year high of $223.43. The firm’s fifty day moving average is $215.28 and its 200 day moving average is $211.35. The firm has a market cap of $99.34 billion, a PE 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.