TIAA Trust National Association Has $2.88 Million Stake in Invesco S&P 500 Equal Weight ETF $RSP

TIAA Trust National Association raised its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 27.7% during the third quarter, according to its most recent 13F filing with the SEC. The fund owned 15,165 shares of the company’s stock after buying an additional 3,285 shares during the period. TIAA Trust National Association’s holdings in Invesco S&P 500 Equal Weight ETF were worth $2,877,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Investment Counsel Co. of Nevada bought a new stake in Invesco S&P 500 Equal Weight ETF during the 2nd quarter worth about $29,000. Tompkins Financial Corp bought a new position in shares of Invesco S&P 500 Equal Weight ETF in the 3rd quarter valued at about $32,000. IMA Advisory Services Inc. acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 3rd quarter worth approximately $33,000. Cloud Capital Management LLC bought a new stake in shares of Invesco S&P 500 Equal Weight ETF during the third quarter worth approximately $35,000. Finally, Copia Wealth Management lifted its holdings in Invesco S&P 500 Equal Weight ETF by 335.8% in the third quarter. Copia Wealth Management now owns 231 shares of the company’s stock valued at $44,000 after buying an additional 178 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 opened at $204.97 on Friday. The company has a fifty day moving average price of $198.73 and a two-hundred day moving average price of $192.34. The firm has a market capitalization of $85.00 billion, a PE ratio of 20.10 and a beta of 0.99. Invesco S&P 500 Equal Weight ETF has a 52 week low of $150.35 and a 52 week high of $205.24.

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.