2,468 Invesco S&P 500 Equal Weight ETF $RSP Shares Bought by Davis Investment Partners LLC

Davis Investment Partners LLC increased its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 1.7% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 150,741 shares of the company’s stock after acquiring an additional 2,468 shares during the period. Invesco S&P 500 Equal Weight ETF comprises 9.7% of Davis Investment Partners LLC’s holdings, making the stock its 2nd largest holding. Davis Investment Partners LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $31,357,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in RSP. Bank of America Corp DE increased its stake in 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 valued at $4,869,022,000 after acquiring an additional 3,567,441 shares during the last quarter. BlueCrest Capital Management Ltd acquired a new position in Invesco S&P 500 Equal Weight ETF during the second quarter valued at approximately $400,736,000. Clal Insurance Enterprises Holdings Ltd lifted its stake in Invesco S&P 500 Equal Weight ETF by 3.7% during the first 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. Keybank National Association OH bought a new stake in Invesco S&P 500 Equal Weight ETF during the third quarter worth $312,719,000. Finally, Commonwealth Equity Services LLC bought a new stake in Invesco S&P 500 Equal Weight ETF during the third quarter worth $248,531,000. Institutional investors and hedge funds own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of RSP stock opened at $220.88 on Wednesday. The stock’s fifty day moving average price is $214.82 and its two-hundred day moving average price is $208.48. The company has a market cap of $103.00 billion, a PE 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 $224.20.

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.