Invesco S&P 500 Equal Weight ETF $RSP Stock: Quattro Financial Advisors LLC Grows Position

Quattro Financial Advisors LLC boosted its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 6.5% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 62,139 shares of the company’s stock after purchasing an additional 3,785 shares during the period. Invesco S&P 500 Equal Weight ETF accounts for approximately 2.8% of Quattro Financial Advisors LLC’s portfolio, making the stock its 11th biggest position. Quattro Financial Advisors LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $12,926,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of RSP. Bank of America Corp DE grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 16.4% in 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 buying an additional 3,567,441 shares in the last quarter. Invesco Ltd. increased its holdings in 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 worth $1,943,335,000 after buying an additional 444,846 shares during the last quarter. BlueCrest Capital Management Ltd acquired a new position in Invesco S&P 500 Equal Weight ETF in the second quarter worth approximately $400,736,000. Clal Insurance Enterprises Holdings Ltd raised its position in Invesco S&P 500 Equal Weight ETF by 3.7% during the first quarter. Clal Insurance Enterprises Holdings Ltd now owns 1,660,000 shares of the company’s stock valued at $318,587,000 after acquiring an additional 60,000 shares in the last quarter. Finally, Rockefeller Capital Management L.P. raised its position in Invesco S&P 500 Equal Weight ETF by 8.2% during the fourth quarter. Rockefeller Capital Management L.P. now owns 1,434,548 shares of the company’s stock valued at $274,802,000 after acquiring an additional 108,552 shares in the last quarter. Hedge funds and other institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Stock Up 1.4%

Shares of RSP opened at $215.00 on Friday. The company’s fifty day moving average is $215.93 and its 200-day moving average is $210.35. Invesco S&P 500 Equal Weight ETF has a 12 month low of $182.11 and a 12 month high of $223.43. The firm has a market cap of $98.68 billion, a price-to-earnings ratio of 20.10 and a beta of 0.92.

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.