Invesco S&P 500 Equal Weight ETF $RSP Stock: Tiller Private Wealth Inc. Boosts Position

Tiller Private Wealth Inc. raised its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 10.7% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 152,115 shares of the company’s stock after purchasing an additional 14,657 shares during the period. Invesco S&P 500 Equal Weight ETF comprises approximately 9.9% of Tiller Private Wealth Inc.’s holdings, making the stock its 4th largest holding. Tiller Private Wealth Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $31,643,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in RSP. Bank of America Corp DE increased its stake in shares of Invesco S&P 500 Equal Weight ETF by 16.4% in the first quarter. Bank of America Corp DE now owns 25,370,060 shares of the company’s stock worth $4,869,022,000 after buying an additional 3,567,441 shares during the last quarter. BlueCrest Capital Management Ltd acquired a new stake in Invesco S&P 500 Equal Weight ETF in the second quarter valued at $400,736,000. Clal Insurance Enterprises Holdings Ltd increased its position in shares of Invesco S&P 500 Equal Weight ETF by 3.7% in the 1st quarter. Clal Insurance Enterprises Holdings Ltd now owns 1,660,000 shares of the company’s stock worth $318,587,000 after purchasing an additional 60,000 shares during the last quarter. Trust Co of Tennessee raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 1.3% in the 3rd 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 in the last quarter. Finally, First Interstate Bank raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 0.6% in the 1st quarter. First Interstate Bank now owns 761,230 shares of the company’s stock valued at $146,095,000 after purchasing an additional 4,860 shares in the last quarter. 61.18% of the stock is currently owned by hedge funds and other institutional investors.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of RSP stock opened at $217.29 on Tuesday. Invesco S&P 500 Equal Weight ETF has a one year low of $182.11 and a one year high of $223.43. The company’s 50-day simple moving average is $215.35 and its 200-day simple moving average is $207.21. The stock has a market capitalization of $99.69 billion, a price-to-earnings ratio of 20.10 and a beta of 0.92.

About Invesco S&P 500 Equal Weight ETF

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.