Leigh Baldwin & CO. LLC Purchases 3,666 Shares of Invesco S&P 500 Equal Weight ETF $RSP

Leigh Baldwin & CO. LLC boosted its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 79.2% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 8,297 shares of the company’s stock after buying an additional 3,666 shares during the period. Invesco S&P 500 Equal Weight ETF makes up approximately 1.0% of Leigh Baldwin & CO. LLC’s investment portfolio, making the stock its 24th largest position. Leigh Baldwin & CO. LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $1,592,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the company. Bank of America Corp DE lifted its holdings in shares of 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 worth $4,869,022,000 after acquiring an additional 3,567,441 shares during the period. Morgan Stanley increased its stake in shares of Invesco S&P 500 Equal Weight ETF by 7.9% in the 4th quarter. Morgan Stanley now owns 31,346,217 shares of the company’s stock valued at $6,004,682,000 after purchasing an additional 2,285,526 shares during the last quarter. Varma Mutual Pension Insurance Co bought a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 4th quarter worth $327,184,000. Clal Insurance Enterprises Holdings Ltd acquired a new stake in Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at about $306,496,000. Finally, BW Gestao de Investimentos Ltda. acquired a new stake in Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at about $287,168,000. 61.18% of the stock is owned by institutional investors.

Invesco S&P 500 Equal Weight ETF Trading Down 0.2%

RSP stock opened at $215.38 on Friday. The firm has a 50-day moving average price of $211.55 and a 200-day moving average price of $203.66. Invesco S&P 500 Equal Weight ETF has a 12 month low of $179.94 and a 12 month high of $218.11. The stock has a market capitalization of $97.60 billion, a P/E ratio of 20.10 and a beta of 0.91.

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.