Invesco S&P 500 Equal Weight ETF $RSP Shares Purchased by Echo45 Advisors LLC

Echo45 Advisors LLC lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 4.6% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 91,504 shares of the company’s stock after acquiring an additional 4,054 shares during the period. Invesco S&P 500 Equal Weight ETF makes up 8.7% of Echo45 Advisors LLC’s holdings, making the stock its 2nd biggest holding. Echo45 Advisors LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $19,035,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Bank of America Corp DE boosted its stake in 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 purchasing an additional 3,567,441 shares during the last quarter. Invesco Ltd. raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 4.6% in the fourth quarter. Invesco Ltd. now owns 10,144,784 shares of the company’s stock worth $1,943,335,000 after purchasing an additional 444,846 shares during the last quarter. State of Wisconsin Investment Board raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 14.3% in the fourth quarter. State of Wisconsin Investment Board now owns 8,485,519 shares of the company’s stock worth $1,625,486,000 after purchasing an additional 1,060,181 shares during the last quarter. Healthcare of Ontario Pension Plan Trust Fund lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 13.1% in the fourth quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 2,460,000 shares of the company’s stock valued at $471,238,000 after purchasing an additional 285,000 shares in the last quarter. Finally, Cerity Partners LLC lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 11.8% in the fourth quarter. Cerity Partners LLC now owns 1,963,478 shares of the company’s stock valued at $376,124,000 after purchasing an additional 207,096 shares in the last quarter. Institutional investors and hedge funds own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Trading Down 0.8%

Shares of NYSEARCA:RSP traded down $1.73 during mid-day trading on Wednesday, hitting $210.60. 7,338,792 shares of the company traded hands, compared to its average volume of 12,094,951. The stock has a 50-day moving average price of $216.59 and a two-hundred day moving average price of $209.30. Invesco S&P 500 Equal Weight ETF has a 12-month low of $182.11 and a 12-month high of $223.43. The stock has a market cap of $95.84 billion, a P/E ratio of 20.10 and a beta of 0.92.

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.