Bank of America Corp DE Purchases 3,567,441 Shares of Invesco S&P 500 Equal Weight ETF $RSP

Bank of America Corp DE lifted its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 16.4% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 25,370,060 shares of the company’s stock after buying an additional 3,567,441 shares during the period. Bank of America Corp DE owned approximately 5.88% of Invesco S&P 500 Equal Weight ETF worth $4,869,022,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of the company. Brighton Jones LLC lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 3.4% during the 4th quarter. Brighton Jones LLC now owns 7,516 shares of the company’s stock valued at $1,317,000 after purchasing an additional 246 shares during the last quarter. Heck Capital Advisors LLC purchased a new position in Invesco S&P 500 Equal Weight ETF during the 4th quarter worth $83,931,000. Bison Wealth LLC grew its stake in Invesco S&P 500 Equal Weight ETF by 25.8% during the 4th quarter. Bison Wealth LLC now owns 20,957 shares of the company’s stock worth $3,672,000 after buying an additional 4,295 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC acquired a new position in Invesco S&P 500 Equal Weight ETF during the 1st quarter valued at about $11,553,000. Finally, Gamco Investors INC. ET AL acquired a new position in Invesco S&P 500 Equal Weight ETF during the 2nd quarter valued at about $279,000. Institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Stock Performance

Invesco S&P 500 Equal Weight ETF stock opened at $215.73 on Thursday. The stock has a market cap of $97.76 billion, a PE ratio of 20.10 and a beta of 0.91. The stock has a 50-day moving average of $211.33 and a two-hundred day moving average of $203.53. Invesco S&P 500 Equal Weight ETF has a one year low of $179.94 and a one year high of $218.11.

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.