Invesco S&P 500 Equal Weight ETF $RSP Shares Acquired by AMG National Trust Bank

AMG National Trust Bank boosted its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 110.8% in the first quarter, HoldingsChannel reports. The firm owned 9,409 shares of the company’s stock after purchasing an additional 4,945 shares during the period. AMG National Trust Bank’s holdings in Invesco S&P 500 Equal Weight ETF were worth $1,806,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of RSP. Brighton Jones LLC grew its stake in Invesco S&P 500 Equal Weight ETF by 3.4% in the fourth quarter. Brighton Jones LLC now owns 7,516 shares of the company’s stock worth $1,317,000 after purchasing an additional 246 shares in the last quarter. Heck Capital Advisors LLC acquired a new stake in Invesco S&P 500 Equal Weight ETF during the fourth quarter valued at approximately $83,931,000. Bison Wealth LLC lifted its holdings in Invesco S&P 500 Equal Weight ETF by 25.8% during the 4th quarter. Bison Wealth LLC now owns 20,957 shares of the company’s stock worth $3,672,000 after buying an additional 4,295 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC bought a new position in Invesco S&P 500 Equal Weight ETF during the 1st quarter worth approximately $11,553,000. Finally, Gamco Investors INC. ET AL acquired a new position in shares of Invesco S&P 500 Equal Weight ETF in the 2nd quarter worth approximately $279,000. 61.18% of the stock is currently owned by hedge funds and other institutional investors.

Invesco S&P 500 Equal Weight ETF Trading Down 0.4%

Shares of NYSEARCA RSP opened at $213.45 on Wednesday. Invesco S&P 500 Equal Weight ETF has a twelve month low of $179.94 and a twelve month high of $216.37. The company has a market capitalization of $95.86 billion, a price-to-earnings ratio of 20.10 and a beta of 0.91. The business has a 50 day simple moving average of $209.00 and a 200-day simple moving average of $201.98.

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.