Invesco S&P 500 Equal Weight ETF $RSP Stock Position Increased by Quattro Financial Advisors LLC

Quattro Financial Advisors LLC lifted its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 6.5% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 62,139 shares of the company’s stock after purchasing an additional 3,785 shares during the quarter. Invesco S&P 500 Equal Weight ETF comprises about 2.8% of Quattro Financial Advisors LLC’s investment portfolio, making the stock its 11th largest holding. Quattro Financial Advisors LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $12,926,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also modified their holdings of RSP. Bank of America Corp DE lifted its stake 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 worth $4,869,022,000 after acquiring an additional 3,567,441 shares during the period. BlueCrest Capital Management Ltd bought a new position in Invesco S&P 500 Equal Weight ETF during the 2nd quarter valued at $400,736,000. Eastern Bank bought a new position in Invesco S&P 500 Equal Weight ETF during the 3rd quarter valued at $155,449,000. Rokos Capital Management LLP bought a new position in Invesco S&P 500 Equal Weight ETF during the 1st quarter valued at $134,688,000. Finally, Quantum Portfolio Management LLC bought a new position in Invesco S&P 500 Equal Weight ETF during the 1st quarter valued at $104,325,000. 61.18% of the stock is currently owned by institutional investors.

Invesco S&P 500 Equal Weight ETF Trading Up 1.4%

Shares of NYSEARCA RSP opened at $215.00 on Friday. Invesco S&P 500 Equal Weight ETF has a twelve month low of $182.11 and a twelve month high of $223.43. The firm has a 50-day moving average of $215.93 and a two-hundred day moving average of $210.35. The company has a market capitalization of $98.68 billion, a price-to-earnings ratio of 20.10 and a beta of 0.92.

About Invesco S&P 500 Equal Weight ETF

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.