Asset Allocation & Management Company LLC Buys New Shares in Invesco S&P 500 Equal Weight ETF $RSP

Asset Allocation & Management Company LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 11,468 shares of the company’s stock, valued at approximately $2,386,000. Invesco S&P 500 Equal Weight ETF accounts for about 0.8% of Asset Allocation & Management Company LLC’s holdings, making the stock its 20th largest holding.

Other institutional investors also recently bought and sold shares of the company. Bank of America Corp DE increased its position in Invesco S&P 500 Equal Weight ETF by 16.4% during 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 acquiring an additional 3,567,441 shares during the last quarter. Invesco Ltd. raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 4.6% in the fourth quarter. Invesco Ltd. now owns 10,144,784 shares of the company’s stock valued at $1,943,335,000 after acquiring an additional 444,846 shares during the period. State of Wisconsin Investment Board raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 14.3% in the fourth quarter. State of Wisconsin Investment Board now owns 8,485,519 shares of the company’s stock valued at $1,625,486,000 after acquiring an additional 1,060,181 shares during the period. BlueCrest Capital Management Ltd bought a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 2nd quarter worth about $400,736,000. Finally, Clal Insurance Enterprises Holdings Ltd lifted its holdings in shares of 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 acquiring an additional 60,000 shares during the last quarter. 61.18% of the stock is currently owned by institutional investors.

Invesco S&P 500 Equal Weight ETF Trading Down 0.2%

Shares of RSP stock traded down $0.32 during trading hours on Tuesday, reaching $212.87. 4,614,345 shares of the stock were exchanged, compared to its average volume of 11,990,559. Invesco S&P 500 Equal Weight ETF has a 12-month low of $182.11 and a 12-month high of $223.43. The company’s 50-day moving average price is $216.30 and its 200-day moving average price is $209.87. The firm has a market capitalization of $96.74 billion, a price-to-earnings ratio of 20.10 and a beta of 0.92.

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.