Clal Insurance Enterprises Holdings Ltd raised its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) by 3.7% in the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 1,660,000 shares of the company’s stock after acquiring an additional 60,000 shares during the quarter. Invesco S&P 500 Equal Weight ETF makes up 1.9% of Clal Insurance Enterprises Holdings Ltd’s portfolio, making the stock its 11th largest holding. Clal Insurance Enterprises Holdings Ltd owned about 0.38% of Invesco S&P 500 Equal Weight ETF worth $318,587,000 as of its most recent filing with the SEC.
Other institutional investors and hedge funds also recently made changes to their positions in the company. Bellwether Advisors LLC acquired a new position in shares of Invesco S&P 500 Equal Weight ETF in the 1st quarter worth approximately $473,000. PNC Financial Services Group Inc. raised its position in Invesco S&P 500 Equal Weight ETF by 10.4% in the 1st quarter. PNC Financial Services Group Inc. now owns 523,432 shares of the company’s stock valued at $100,457,000 after purchasing an additional 49,098 shares during the last quarter. Madison Asset Management LLC raised its position in Invesco S&P 500 Equal Weight ETF by 94.3% in the 1st quarter. Madison Asset Management LLC now owns 8,699 shares of the company’s stock valued at $1,670,000 after purchasing an additional 4,222 shares during the last quarter. CVS HEALTH Corp acquired a new position in Invesco S&P 500 Equal Weight ETF in the first quarter worth $4,414,000. Finally, Cassaday & Co Wealth Management LLC acquired a new stake in Invesco S&P 500 Equal Weight ETF in the 1st quarter valued at about $61,000. Institutional investors and hedge funds own 61.18% of the company’s stock.
Invesco S&P 500 Equal Weight ETF Stock Up 0.2%
Invesco S&P 500 Equal Weight ETF stock opened at $212.76 on Wednesday. Invesco S&P 500 Equal Weight ETF has a 12-month low of $179.94 and a 12-month high of $216.37. The business’s 50-day simple moving average is $209.93 and its 200 day simple moving average is $202.69. The stock has a market cap of $95.69 billion, a price-to-earnings ratio of 20.10 and a beta of 0.91.
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.
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