Round Rock Advisors LLC Increases Stock Holdings in Invesco S&P 500 Equal Weight ETF $RSP

Round Rock Advisors LLC grew its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 18.0% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 53,115 shares of the company’s stock after purchasing an additional 8,089 shares during the quarter. Invesco S&P 500 Equal Weight ETF makes up about 1.5% of Round Rock Advisors LLC’s holdings, making the stock its 16th biggest position. Round Rock Advisors LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $11,301,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also modified their holdings of RSP. Bank of America Corp DE grew its position in shares of Invesco S&P 500 Equal Weight ETF by 16.4% in the 1st quarter. Bank of America Corp DE now owns 25,370,060 shares of the company’s stock valued at $4,869,022,000 after buying an additional 3,567,441 shares during the last quarter. Morgan Stanley lifted its position in Invesco S&P 500 Equal Weight ETF by 7.9% in the fourth quarter. Morgan Stanley now owns 31,346,217 shares of the company’s stock valued at $6,004,682,000 after acquiring an additional 2,285,526 shares during the last quarter. Clal Insurance Enterprises Holdings Ltd purchased a new stake in Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at $306,496,000. BW Gestao de Investimentos Ltda. acquired a new position in Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at $287,168,000. Finally, State of Wisconsin Investment Board boosted its stake in Invesco S&P 500 Equal Weight ETF by 14.3% in the fourth quarter. State of Wisconsin Investment Board now owns 8,485,519 shares of the company’s stock valued at $1,625,486,000 after acquiring an additional 1,060,181 shares in the last quarter. Hedge funds and other institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of RSP stock opened at $218.60 on Thursday. The stock’s 50-day moving average is $216.87 and its two-hundred day moving average is $207.17. The firm has a market cap of $98.79 billion, a price-to-earnings ratio of 20.10 and a beta of 0.91. Invesco S&P 500 Equal Weight ETF has a 1 year low of $182.11 and a 1 year high of $223.43.

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.