Bienville Capital Management LLC Grows Stock Holdings in Invesco S&P 500 Equal Weight ETF $RSP

Bienville Capital Management LLC increased its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 392.0% in the 2nd quarter, HoldingsChannel reports. The firm owned 17,126 shares of the company’s stock after acquiring an additional 13,645 shares during the quarter. Bienville Capital Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $3,644,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in RSP. Banta Asset Management LP purchased a new position in shares of Invesco S&P 500 Equal Weight ETF during the 4th quarter valued at approximately $1,654,000. Allen Investment Management LLC boosted its holdings in Invesco S&P 500 Equal Weight ETF by 32.8% during the fourth quarter. Allen Investment Management LLC now owns 142,450 shares of the company’s stock worth $27,286,000 after buying an additional 35,220 shares in the last quarter. Vise Technologies Inc. grew its position in Invesco S&P 500 Equal Weight ETF by 144.2% during the fourth quarter. Vise Technologies Inc. now owns 5,051 shares of the company’s stock valued at $968,000 after buying an additional 2,983 shares during the period. CBIZ Investment Advisory Services LLC grew its position in Invesco S&P 500 Equal Weight ETF by 20.4% during the fourth quarter. CBIZ Investment Advisory Services LLC now owns 257,030 shares of the company’s stock valued at $49,137,000 after buying an additional 43,580 shares during the period. Finally, Madison Asset Management LLC acquired a new stake in Invesco S&P 500 Equal Weight ETF during the fourth quarter valued at $858,000. 61.18% of the stock is currently owned by institutional investors and hedge funds.

Invesco S&P 500 Equal Weight ETF Stock Performance

RSP opened at $214.64 on Thursday. The company has a fifty day moving average of $217.44 and a two-hundred day moving average of $207.70. The stock has a market capitalization of $97.00 billion, a price-to-earnings ratio of 20.10 and a beta of 0.91. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $182.11 and a fifty-two week high of $223.43.

Invesco S&P 500 Equal Weight ETF Company 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.