2,906 Invesco S&P 500 Equal Weight ETF $RSP Shares Purchased by Quantum Financial Partners LLC

Quantum Financial Partners LLC increased its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 24.6% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 14,731 shares of the company’s stock after purchasing an additional 2,906 shares during the period. Invesco S&P 500 Equal Weight ETF comprises about 1.6% of Quantum Financial Partners LLC’s portfolio, making the stock its 17th largest holding. Quantum Financial Partners LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $3,064,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of the business. Bank of America Corp DE raised its holdings in shares of 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 purchasing an additional 3,567,441 shares during the last quarter. BlueCrest Capital Management Ltd purchased a new stake in Invesco S&P 500 Equal Weight ETF in the second quarter worth approximately $400,736,000. Clal Insurance Enterprises Holdings Ltd grew its position in 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. Trust Co of Tennessee grew its position in Invesco S&P 500 Equal Weight ETF by 1.3% in the 3rd quarter. Trust Co of Tennessee now owns 1,000,351 shares of the company’s stock worth $208,091,000 after purchasing an additional 12,435 shares during the period. Finally, Janney Montgomery Scott LLC grew its position in Invesco S&P 500 Equal Weight ETF by 19.4% in the 1st quarter. Janney Montgomery Scott LLC now owns 830,928 shares of the company’s stock worth $159,472,000 after purchasing an additional 135,061 shares during the period. 61.18% of the stock is currently owned by institutional investors.

Invesco S&P 500 Equal Weight ETF Stock Down 0.3%

RSP traded down $0.54 during mid-day trading on Monday, reaching $213.55. 4,258,212 shares of the company traded hands, compared to its average volume of 11,944,280. The stock has a market capitalization of $98.68 billion, a P/E ratio of 20.10 and a beta of 0.92. The company’s fifty day moving average price is $215.81 and its 200-day moving average price is $210.53. Invesco S&P 500 Equal Weight ETF has a 52-week low of $182.11 and a 52-week high of $223.43.

Invesco S&P 500 Equal Weight ETF 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.