Prairie Advisory LLC increased its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) by 127.8% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 56,594 shares of the company’s stock after acquiring an additional 31,749 shares during the period. Invesco S&P 500 Equal Weight ETF comprises approximately 1.4% of Prairie Advisory LLC’s investment portfolio, making the stock its 16th largest holding. Prairie Advisory LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $11,773,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also bought and sold shares of the company. Bank of America Corp DE grew its stake in Invesco S&P 500 Equal Weight ETF by 16.4% in the first 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. BlueCrest Capital Management Ltd acquired a new position in shares of Invesco S&P 500 Equal Weight ETF during the 2nd quarter worth approximately $400,736,000. Clal Insurance Enterprises Holdings Ltd increased its position in shares of Invesco S&P 500 Equal Weight ETF by 3.7% during 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 last quarter. Trust Co of Tennessee increased its position in shares of Invesco S&P 500 Equal Weight ETF by 1.3% during the 3rd quarter. Trust Co of Tennessee now owns 1,000,351 shares of the company’s stock worth $208,091,000 after purchasing an additional 12,435 shares during the last quarter. Finally, Janney Montgomery Scott LLC increased its position in shares of Invesco S&P 500 Equal Weight ETF by 19.4% during the 1st quarter. Janney Montgomery Scott LLC now owns 830,928 shares of the company’s stock worth $159,472,000 after purchasing an additional 135,061 shares during the last quarter. Institutional investors own 61.18% of the company’s stock.
Invesco S&P 500 Equal Weight ETF Trading Down 0.3%
Shares of Invesco S&P 500 Equal Weight ETF stock traded down $0.61 on Monday, reaching $213.47. 4,303,128 shares of the company were exchanged, compared to its average volume of 11,944,704. 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 capitalization of $98.64 billion, a price-to-earnings ratio of 20.10 and a beta of 0.92. The company has a 50-day moving average of $215.81 and a 200 day moving average of $210.53.
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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