Oppenheimer & Co. Inc. Purchases New Position in Invesco S&P 500 Equal Weight ETF $RSP

Oppenheimer & Co. Inc. acquired a new position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 40,119 shares of the company’s stock, valued at approximately $8,346,000.

A number of other institutional investors have also added to or reduced their stakes in RSP. Bank of America Corp DE lifted 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 acquiring an additional 3,567,441 shares during the last quarter. BlueCrest Capital Management Ltd acquired a new position in Invesco S&P 500 Equal Weight ETF in the 2nd quarter worth about $400,736,000. Clal Insurance Enterprises Holdings Ltd raised its position in 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 valued at $318,587,000 after purchasing an additional 60,000 shares during the last quarter. Trust Co of Tennessee raised its position 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 valued at $208,091,000 after purchasing an additional 12,435 shares during the last quarter. Finally, Eastern Bank raised its position in Invesco S&P 500 Equal Weight ETF by 52.2% in the second 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 currently owned by institutional investors and hedge funds.

Invesco S&P 500 Equal Weight ETF Trading Down 0.0%

Shares of RSP stock opened at $217.43 on Thursday. The business’s 50-day moving average price is $215.13 and its 200-day moving average price is $207.53. 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 capitalization of $99.80 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.