Invesco S&P 500 Equal Weight ETF $RSP Shares Bought by Vise Technologies Inc.

Vise Technologies Inc. raised its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 24.5% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 138,952 shares of the company’s stock after purchasing an additional 27,360 shares during the period. Vise Technologies Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $28,905,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. Bank of America Corp DE raised its stake 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 worth $4,869,022,000 after acquiring an additional 3,567,441 shares during the period. BlueCrest Capital Management Ltd bought a new stake in shares of Invesco S&P 500 Equal Weight ETF in the second quarter valued at approximately $400,736,000. Clal Insurance Enterprises Holdings Ltd lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 3.7% during 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 period. Trust Co of Tennessee boosted its stake in Invesco S&P 500 Equal Weight ETF by 1.3% in the third 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 in the last quarter. Finally, Eastern Bank boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 52.2% in the 2nd quarter. Eastern Bank now owns 731,262 shares of the company’s stock valued at $155,591,000 after purchasing an additional 250,756 shares during the last quarter. 61.18% of the stock is owned by institutional investors and hedge funds.

Invesco S&P 500 Equal Weight ETF Trading Down 0.8%

RSP stock opened at $218.31 on Friday. The firm has a market cap of $100.24 billion, a PE ratio of 20.10 and a beta of 0.92. Invesco S&P 500 Equal Weight ETF has a 1-year low of $182.11 and a 1-year high of $223.43. The business’s 50-day moving average price is $215.05 and its two-hundred day moving average price is $207.75.

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.