Sanders Morris Harris LLC bought a new stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund bought 89,641 shares of the company’s stock, valued at approximately $18,895,000. Invesco S&P 500 Equal Weight ETF comprises about 2.5% of Sanders Morris Harris LLC’s investment portfolio, making the stock its 8th largest holding.
A number of other large investors have also recently bought and sold shares of the business. Bank of America Corp DE boosted its position in 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 purchasing 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% in the fourth quarter. Invesco Ltd. now owns 10,144,784 shares of the company’s stock valued at $1,943,335,000 after purchasing an additional 444,846 shares during the period. State of Wisconsin Investment Board raised its holdings in shares of Invesco S&P 500 Equal Weight ETF by 14.3% during the fourth quarter. State of Wisconsin Investment Board now owns 8,485,519 shares of the company’s stock valued at $1,625,486,000 after buying an additional 1,060,181 shares during the last quarter. BlueCrest Capital Management Ltd bought a new position in Invesco S&P 500 Equal Weight ETF in the 2nd quarter worth approximately $400,736,000. Finally, Clal Insurance Enterprises Holdings Ltd grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 3.7% in the first 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 in the last quarter. Institutional investors own 61.18% of the company’s stock.
Invesco S&P 500 Equal Weight ETF Trading Down 0.6%
RSP traded down $1.21 on Wednesday, reaching $212.09. The company had a trading volume of 8,420,719 shares, compared to its average volume of 11,987,259. The company has a market capitalization of $97.35 billion, a P/E ratio of 20.10 and a beta of 0.92. The company has a fifty day moving average of $216.16 and a 200-day moving average of $210.02. Invesco S&P 500 Equal Weight ETF has a one year low of $182.11 and a one year 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.
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