Invesco S&P 500 Equal Weight ETF $RSP Shares Purchased by Bank of America Corp DE

Bank of America Corp DE increased its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 16.4% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 25,370,060 shares of the company’s stock after acquiring an additional 3,567,441 shares during the period. Bank of America Corp DE owned approximately 0.06% of Invesco S&P 500 Equal Weight ETF worth $4,869,022,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also modified their holdings of the company. Dorato Capital Management purchased a new position in Invesco S&P 500 Equal Weight ETF during the 4th quarter worth approximately $26,000. Nalls Sherbakoff Group LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 4th quarter valued at $29,000. Hurley Capital LLC boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 200.0% in the 4th quarter. Hurley Capital LLC now owns 177 shares of the company’s stock valued at $34,000 after acquiring an additional 118 shares during the last quarter. Basepoint Wealth LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF in the fourth quarter worth $40,000. Finally, Murphy & Mullick Capital Management Corp acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF in the fourth quarter worth $42,000. 61.18% of the stock is owned by institutional investors and hedge funds.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of Invesco S&P 500 Equal Weight ETF stock opened at $215.73 on Thursday. The firm has a fifty day moving average price of $211.33 and a 200 day moving average price of $203.53. Invesco S&P 500 Equal Weight ETF has a 1 year low of $179.94 and a 1 year high of $218.11. The stock has a market cap of $97.76 billion, a PE ratio of 20.10 and a beta of 0.91.

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.