Invesco S&P 500 Equal Weight ETF $RSP Shares Acquired by Signal Advisors Wealth LLC

Signal Advisors Wealth LLC boosted its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 12.6% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 136,517 shares of the company’s stock after purchasing an additional 15,330 shares during the period. Invesco S&P 500 Equal Weight ETF makes up 1.3% of Signal Advisors Wealth LLC’s portfolio, making the stock its 12th largest position. Signal Advisors Wealth LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $28,398,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Bank of America Corp DE grew its position in shares of Invesco S&P 500 Equal Weight ETF by 16.4% during the 1st 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 period. Invesco Ltd. increased its stake in shares of Invesco S&P 500 Equal Weight ETF by 4.6% during the 4th quarter. Invesco Ltd. now owns 10,144,784 shares of the company’s stock worth $1,943,335,000 after purchasing an additional 444,846 shares during the last quarter. State of Wisconsin Investment Board raised its holdings in shares of Invesco S&P 500 Equal Weight ETF by 14.3% in the 4th quarter. State of Wisconsin Investment Board now owns 8,485,519 shares of the company’s stock worth $1,625,486,000 after purchasing 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 approximately $400,736,000. Finally, Clal Insurance Enterprises Holdings Ltd raised 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 purchasing an additional 60,000 shares during the period. 61.18% of the stock is currently owned by hedge funds and other institutional investors.

Invesco S&P 500 Equal Weight ETF Trading Up 0.1%

Invesco S&P 500 Equal Weight ETF stock opened at $213.30 on Wednesday. Invesco S&P 500 Equal Weight ETF has a 12 month low of $182.11 and a 12 month high of $223.43. The business’s 50 day simple moving average is $216.16 and its 200 day simple moving average is $210.02. The company has a market cap of $97.90 billion, a price-to-earnings ratio of 20.10 and a beta of 0.92.

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.