Triangle Securities Wealth Management trimmed its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) by 25.7% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,005 shares of the company’s stock after selling 4,151 shares during the quarter. Triangle Securities Wealth Management’s holdings in Invesco S&P 500 Equal Weight ETF were worth $2,497,000 at the end of the most recent quarter.
Several other large investors also recently bought and sold shares of RSP. Bank of America Corp DE raised its position in 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 purchasing an additional 3,567,441 shares in the last quarter. Invesco Ltd. boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 4.6% in the 4th quarter. Invesco Ltd. now owns 10,144,784 shares of the company’s stock valued at $1,943,335,000 after buying an additional 444,846 shares during the period. State of Wisconsin Investment Board boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 14.3% in 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 buying an additional 1,060,181 shares during the period. BlueCrest Capital Management Ltd purchased a new position in shares of Invesco S&P 500 Equal Weight ETF in the 2nd quarter valued at about $400,736,000. Finally, Clal Insurance Enterprises Holdings Ltd boosted its stake in shares of 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 valued at $318,587,000 after buying an additional 60,000 shares during the period. 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 Invesco S&P 500 Equal Weight ETF stock opened at $212.09 on Thursday. Invesco S&P 500 Equal Weight ETF has a one year low of $182.11 and a one year high of $223.43. The company has a market cap of $97.35 billion, a PE ratio of 20.10 and a beta of 0.92. The business has a 50-day simple moving average of $216.01 and a 200-day simple moving average of $210.16.
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.
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