Weaver Capital Management LLC Makes New $560,000 Investment in Invesco S&P 500 Equal Weight ETF $RSP

Weaver Capital Management LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 2,692 shares of the company’s stock, valued at approximately $560,000.

Other large investors have also recently bought and sold shares of the company. Bank of America Corp DE raised its position in shares of Invesco S&P 500 Equal Weight ETF by 16.4% in 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 in the last quarter. Invesco Ltd. lifted its stake in shares of Invesco S&P 500 Equal Weight ETF by 4.6% in the 4th quarter. Invesco Ltd. now owns 10,144,784 shares of the company’s stock valued at $1,943,335,000 after purchasing an additional 444,846 shares during the period. BlueCrest Capital Management Ltd acquired a new position in shares of Invesco S&P 500 Equal Weight ETF in the 2nd quarter valued at about $400,736,000. Clal Insurance Enterprises Holdings Ltd lifted its stake in shares of Invesco S&P 500 Equal Weight ETF by 3.7% in the 1st quarter. Clal Insurance Enterprises Holdings Ltd now owns 1,660,000 shares of the company’s stock valued at $318,587,000 after purchasing an additional 60,000 shares during the period. Finally, Rockefeller Capital Management L.P. lifted its stake in shares of Invesco S&P 500 Equal Weight ETF by 8.2% in the 4th quarter. Rockefeller Capital Management L.P. now owns 1,434,548 shares of the company’s stock valued at $274,802,000 after purchasing an additional 108,552 shares during the period. 61.18% of the stock is currently 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 $215.00 on Friday. Invesco S&P 500 Equal Weight ETF has a one year low of $182.11 and a one year high of $223.43. The stock’s 50-day moving average is $215.93 and its 200 day moving average is $210.35. The firm has a market cap of $98.68 billion, a price-to-earnings ratio of 20.10 and a beta of 0.92.

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.