FineMark National Bank & Trust raised its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) by 23.8% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 29,085 shares of the company’s stock after acquiring an additional 5,582 shares during the period. FineMark National Bank & Trust’s holdings in Invesco S&P 500 Equal Weight ETF were worth $5,286,000 as of its most recent SEC filing.
Several other large investors have also made changes to their positions in RSP. Nova Wealth Management Inc. bought a new position in Invesco S&P 500 Equal Weight ETF in the 2nd quarter worth approximately $25,000. Uniplan Investment Counsel Inc. acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF in the first quarter worth $26,000. Howe & Rusling Inc. increased its position in Invesco S&P 500 Equal Weight ETF by 190.8% during the first quarter. Howe & Rusling Inc. now owns 189 shares of the company’s stock worth $33,000 after acquiring an additional 124 shares during the period. GoalVest Advisory LLC acquired a new position in Invesco S&P 500 Equal Weight ETF during the 2nd quarter valued at $34,000. Finally, Hanson & Doremus Investment Management boosted its holdings in Invesco S&P 500 Equal Weight ETF by 30.5% in the 2nd quarter. Hanson & Doremus Investment Management now owns 308 shares of the company’s stock valued at $56,000 after purchasing an additional 72 shares during the period. Institutional investors and hedge funds own 61.18% of the company’s stock.
Invesco S&P 500 Equal Weight ETF Stock Performance
NYSEARCA:RSP opened at $184.99 on Wednesday. The firm’s 50-day moving average is $188.72 and its 200-day moving average is $184.29. Invesco S&P 500 Equal Weight ETF has a 52-week low of $150.35 and a 52-week high of $192.33. The company has a market cap of $71.56 billion, a price-to-earnings ratio of 20.10 and a beta of 0.99.
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).
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