Invesco S&P 500 Equal Weight ETF $RSP Shares Newly Purchased by TSG Advice Partners LLC

TSG Advice Partners LLC acquired a new position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund acquired 3,787 shares of the company’s stock, valued at approximately $806,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Bank of America Corp DE grew its position in Invesco S&P 500 Equal Weight ETF by 16.4% during 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 last quarter. BlueCrest Capital Management Ltd purchased a new position in Invesco S&P 500 Equal Weight ETF in the 2nd quarter worth approximately $400,736,000. Clal Insurance Enterprises Holdings Ltd increased its stake 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 during the period. Trust Co of Tennessee boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 1.3% during the third quarter. Trust Co of Tennessee now owns 1,000,351 shares of the company’s stock valued at $208,091,000 after purchasing an additional 12,435 shares during the period. Finally, First Interstate Bank boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 0.6% during the first quarter. First Interstate Bank now owns 761,230 shares of the company’s stock valued at $146,095,000 after purchasing an additional 4,860 shares during the period. Institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Stock Performance

NYSEARCA:RSP opened at $219.98 on Tuesday. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $182.11 and a fifty-two week high of $223.43. The firm has a market cap of $101.01 billion, a PE ratio of 20.10 and a beta of 0.92. The business has a 50 day moving average price of $215.02 and a 200-day moving average price of $207.86.

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.