Invesco S&P 500 Equal Weight ETF $RSP Shares Newly Acquired by Courier Capital LLC

Courier Capital LLC purchased a new position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 133,776 shares of the company’s stock, valued at approximately $27,828,000. Invesco S&P 500 Equal Weight ETF accounts for approximately 5.3% of Courier Capital LLC’s investment portfolio, making the stock its 2nd largest holding.

Other hedge funds have also recently modified their holdings of the company. Bank of America Corp DE increased its holdings 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 buying an additional 3,567,441 shares during the period. BlueCrest Capital Management Ltd bought a new position in Invesco S&P 500 Equal Weight ETF in the second quarter worth approximately $400,736,000. State of Wisconsin Investment Board raised its stake in 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 worth $1,625,486,000 after buying an additional 1,060,181 shares in the last quarter. Eastern Bank purchased a new stake in Invesco S&P 500 Equal Weight ETF during the third quarter worth $155,449,000. Finally, Rokos Capital Management LLP purchased a new stake in Invesco S&P 500 Equal Weight ETF during the first quarter worth $134,688,000. Hedge funds and other institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Price Performance

NYSEARCA RSP traded up $0.11 during midday trading on Tuesday, hitting $213.30. 7,360,186 shares of the company traded hands, compared to its average volume of 12,005,453. The company has a market cap of $97.90 billion, a PE ratio of 20.10 and a beta of 0.92. The company’s 50-day simple moving average is $216.16 and its 200-day simple moving average is $210.02. Invesco S&P 500 Equal Weight ETF has a 52 week low of $182.11 and a 52 week high of $223.43.

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.