Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) Shares Bought by Bangor Savings Bank

Bangor Savings Bank grew its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 31.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 10,245 shares of the company’s stock after buying an additional 2,431 shares during the period. Bangor Savings Bank’s holdings in Invesco S&P 500 Equal Weight ETF were worth $1,795,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Ironwood Wealth Management LLC. raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 10.5% during the second quarter. Ironwood Wealth Management LLC. now owns 24,282 shares of the company’s stock valued at $3,989,000 after purchasing an additional 2,317 shares in the last quarter. Principal Financial Group Inc. boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 2.2% in the second quarter. Principal Financial Group Inc. now owns 6,133 shares of the company’s stock valued at $1,008,000 after acquiring an additional 132 shares in the last quarter. Lake Street Advisors Group LLC acquired a new position in shares of Invesco S&P 500 Equal Weight ETF during the second quarter valued at approximately $310,000. Cullen Frost Bankers Inc. raised its holdings in Invesco S&P 500 Equal Weight ETF by 38.0% during the second quarter. Cullen Frost Bankers Inc. now owns 16,886 shares of the company’s stock worth $2,774,000 after purchasing an additional 4,650 shares in the last quarter. Finally, Chris Bulman Inc acquired a new stake in Invesco S&P 500 Equal Weight ETF in the second quarter worth approximately $64,000.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of NYSEARCA RSP opened at $176.20 on Tuesday. Invesco S&P 500 Equal Weight ETF has a 1 year low of $153.10 and a 1 year high of $188.16. The firm has a market cap of $59.02 billion, a P/E ratio of 20.44 and a beta of 0.90. The stock has a fifty day moving average price of $181.07 and a two-hundred day moving average price of $175.35.

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).