2,597 Invesco S&P 500 Equal Weight ETF $RSP Shares Bought by Magnus Financial Group LLC

Magnus Financial Group LLC boosted its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 6.6% during the 3rd quarter, according to its most recent filing with the SEC. The firm owned 41,917 shares of the company’s stock after purchasing an additional 2,597 shares during the period. Magnus Financial Group LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $8,720,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the stock. Bank of America Corp DE lifted its holdings 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 during the period. BlueCrest Capital Management Ltd acquired a new stake in Invesco S&P 500 Equal Weight ETF during the second quarter worth about $400,736,000. Clal Insurance Enterprises Holdings Ltd grew its holdings 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 worth $318,587,000 after acquiring an additional 60,000 shares during the period. Trust Co of Tennessee grew its holdings in Invesco S&P 500 Equal Weight ETF by 1.3% during the third quarter. Trust Co of Tennessee now owns 1,000,351 shares of the company’s stock worth $208,091,000 after acquiring an additional 12,435 shares during the period. Finally, Janney Montgomery Scott LLC raised its position in Invesco S&P 500 Equal Weight ETF by 19.4% during the first quarter. Janney Montgomery Scott LLC now owns 830,928 shares of the company’s stock valued at $159,472,000 after acquiring an additional 135,061 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 Trading Up 0.4%

Shares of RSP stock opened at $216.64 on Thursday. Invesco S&P 500 Equal Weight ETF has a twelve month low of $182.11 and a twelve month high of $223.43. The stock has a market cap of $100.12 billion, a P/E ratio of 20.10 and a beta of 0.92. The stock has a 50 day moving average of $215.49 and a 200 day moving average of $211.02.

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.