Invesco S&P 500 Equal Weight ETF $RSP Shares Purchased by Magnus Financial Group LLC

Magnus Financial Group LLC raised its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 6.6% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 41,917 shares of the company’s stock after buying an additional 2,597 shares during the period. Magnus Financial Group LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $8,720,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the company. Bank of America Corp DE raised its holdings 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 acquiring an additional 3,567,441 shares during the last quarter. BlueCrest Capital Management Ltd purchased a new position in shares of Invesco S&P 500 Equal Weight ETF in the second quarter valued at approximately $400,736,000. Clal Insurance Enterprises Holdings Ltd lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 3.7% in the first quarter. Clal Insurance Enterprises Holdings Ltd now owns 1,660,000 shares of the company’s stock valued at $318,587,000 after acquiring an additional 60,000 shares in the last quarter. Trust Co of Tennessee lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 1.3% in the third quarter. Trust Co of Tennessee now owns 1,000,351 shares of the company’s stock valued at $208,091,000 after acquiring an additional 12,435 shares in the last quarter. Finally, Janney Montgomery Scott LLC boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 19.4% in the first quarter. Janney Montgomery Scott LLC now owns 830,928 shares of the company’s stock worth $159,472,000 after acquiring an additional 135,061 shares during 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 Price Performance

Shares of NYSEARCA:RSP opened at $216.64 on Thursday. The business’s 50 day moving average price is $215.49 and its 200-day moving average price is $211.02. The firm has a market capitalization of $100.12 billion, a PE ratio of 20.10 and a beta of 0.92. Invesco S&P 500 Equal Weight ETF has a 1 year low of $182.11 and a 1 year high of $223.43.

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.