Invesco S&P 500 Equal Weight ETF $RSP Holdings Raised by Davis Investment Partners LLC

Davis Investment Partners LLC increased its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 1.7% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 150,741 shares of the company’s stock after buying an additional 2,468 shares during the quarter. Invesco S&P 500 Equal Weight ETF comprises approximately 9.7% of Davis Investment Partners LLC’s investment portfolio, making the stock its 2nd biggest position. Davis Investment Partners LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $31,357,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the stock. Bank of America Corp DE lifted its position in shares of 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 acquiring an additional 3,567,441 shares during the period. BlueCrest Capital Management Ltd acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 2nd quarter worth $400,736,000. Keybank National Association OH acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 3rd quarter worth $312,719,000. Commonwealth Equity Services LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 3rd quarter worth $248,531,000. Finally, Eastern Bank acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 3rd quarter worth $155,449,000. Institutional investors and hedge funds own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of 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 stock has a market capitalization of $103.00 billion, a P/E ratio of 20.10 and a beta of 0.91. The stock’s fifty day moving average is $214.82 and its 200 day moving average is $208.48.

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.