Invesco S&P 500 Equal Weight ETF $RSP Shares Purchased by Spectrum Asset Management Inc. NB CA

Spectrum Asset Management Inc. NB CA raised its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 12.7% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 68,684 shares of the company’s stock after purchasing an additional 7,733 shares during the quarter. Invesco S&P 500 Equal Weight ETF makes up about 4.6% of Spectrum Asset Management Inc. NB CA’s investment portfolio, making the stock its 2nd largest position. Spectrum Asset Management Inc. NB CA’s holdings in Invesco S&P 500 Equal Weight ETF were worth $13,029,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. CMG Global Holdings LLC raised its holdings in shares of Invesco S&P 500 Equal Weight ETF by 13.6% during the third quarter. CMG Global Holdings LLC now owns 35,694 shares of the company’s stock worth $6,741,000 after acquiring an additional 4,262 shares during the period. Sowell Financial Services LLC increased its holdings in Invesco S&P 500 Equal Weight ETF by 23.2% during the 3rd quarter. Sowell Financial Services LLC now owns 20,356 shares of the company’s stock worth $3,862,000 after purchasing an additional 3,829 shares in the last quarter. Geneos Wealth Management Inc. raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 46.5% in the 2nd quarter. Geneos Wealth Management Inc. now owns 116,894 shares of the company’s stock valued at $21,244,000 after purchasing an additional 37,119 shares during the period. Total Clarity Wealth Management Inc. lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 25.4% in the second quarter. Total Clarity Wealth Management Inc. now owns 4,304 shares of the company’s stock valued at $782,000 after purchasing an additional 872 shares in the last quarter. Finally, Gilbert Capital Group Inc. acquired a new position in shares of Invesco S&P 500 Equal Weight ETF during the second quarter worth about $1,771,000. Institutional investors and hedge funds 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 $196.46 on Friday. The firm has a market cap of $77.44 billion, a PE ratio of 20.10 and a beta of 0.99. The business’s 50 day simple moving average is $190.63 and its 200 day simple moving average is $188.06. Invesco S&P 500 Equal Weight ETF has a 52-week low of $150.35 and a 52-week high of $197.48.

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.