Invesco S&P 500 Equal Weight ETF $RSP Stock: Csenge Advisory Group Raises Holdings

Csenge Advisory Group raised its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 2.0% in the third quarter, HoldingsChannel reports. The fund owned 589,950 shares of the company’s stock after acquiring an additional 11,666 shares during the period. Invesco S&P 500 Equal Weight ETF accounts for approximately 4.7% of Csenge Advisory Group’s investment portfolio, making the stock its 2nd largest holding. Csenge Advisory Group’s holdings in Invesco S&P 500 Equal Weight ETF were worth $122,721,000 as of its most recent SEC filing.

A number of other institutional investors also recently made changes to their positions in RSP. Bank of America Corp DE lifted 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 worth $4,869,022,000 after buying an additional 3,567,441 shares in the last quarter. BlueCrest Capital Management Ltd acquired a new position in shares of Invesco S&P 500 Equal Weight ETF in the second quarter valued at about $400,736,000. Commonwealth Equity Services LLC acquired a new position in shares of Invesco S&P 500 Equal Weight ETF in the third quarter valued at about $248,531,000. Eastern Bank acquired a new position in shares of Invesco S&P 500 Equal Weight ETF in the third quarter valued at about $155,449,000. Finally, Rokos Capital Management LLP acquired a new position in shares of Invesco S&P 500 Equal Weight ETF in the first quarter valued at about $134,688,000. Institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Stock Performance

NYSEARCA:RSP opened at $220.88 on Wednesday. Invesco S&P 500 Equal Weight ETF has a 52 week low of $182.11 and a 52 week high of $224.20. The firm has a market cap of $103.00 billion, a price-to-earnings ratio of 20.10 and a beta of 0.91. The firm’s 50-day simple moving average is $214.82 and its 200 day simple moving average is $208.48.

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.