Invesco S&P 500 Equal Weight ETF $RSP Shares Purchased by Tiller Private Wealth Inc.

Tiller Private Wealth Inc. boosted its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 10.7% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 152,115 shares of the company’s stock after purchasing an additional 14,657 shares during the quarter. Invesco S&P 500 Equal Weight ETF comprises 9.9% of Tiller Private Wealth Inc.’s holdings, making the stock its 4th biggest position. Tiller Private Wealth Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $31,643,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. Bank of America Corp DE raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 16.4% during the first 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 in the last quarter. BlueCrest Capital Management Ltd acquired a new stake in Invesco S&P 500 Equal Weight ETF in the second quarter worth about $400,736,000. Clal Insurance Enterprises Holdings Ltd grew its position in 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 valued at $318,587,000 after buying an additional 60,000 shares in the last quarter. Trust Co of Tennessee grew its position in 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 buying an additional 12,435 shares in the last quarter. Finally, First Interstate Bank grew its position in 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 buying an additional 4,860 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 Price Performance

Shares of NYSEARCA:RSP opened at $217.29 on Tuesday. 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 $99.69 billion, a price-to-earnings ratio of 20.10 and a beta of 0.92. The stock’s 50 day moving average price is $215.35 and its 200 day moving average price is $207.21.

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.