Invesco S&P 500 Equal Weight ETF $RSP Position Raised by Prairie Advisory LLC

Prairie Advisory LLC grew its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 127.8% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 56,594 shares of the company’s stock after acquiring an additional 31,749 shares during the quarter. Invesco S&P 500 Equal Weight ETF accounts for 1.4% of Prairie Advisory LLC’s holdings, making the stock its 16th biggest position. Prairie Advisory LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $11,773,000 at the end of the most recent quarter.

A number of other large investors have 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% in 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 purchasing an additional 3,567,441 shares during the last quarter. BlueCrest Capital Management Ltd bought a new stake in shares of Invesco S&P 500 Equal Weight ETF in the second quarter worth $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 worth $318,587,000 after purchasing an additional 60,000 shares in the last quarter. Trust Co of Tennessee boosted its holdings in Invesco S&P 500 Equal Weight ETF by 1.3% during the third quarter. Trust Co of Tennessee now owns 1,000,351 shares of the company’s stock worth $208,091,000 after purchasing an additional 12,435 shares during the last quarter. Finally, Janney Montgomery Scott LLC boosted its holdings in Invesco S&P 500 Equal Weight ETF by 19.4% during the first quarter. Janney Montgomery Scott LLC now owns 830,928 shares of the company’s stock worth $159,472,000 after purchasing an additional 135,061 shares during the last quarter. Institutional investors and hedge funds own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Stock Performance

Invesco S&P 500 Equal Weight ETF stock traded down $0.61 during mid-day trading on Monday, reaching $213.47. The company’s stock had a trading volume of 4,303,128 shares, compared to its average volume of 11,944,704. The company has a market capitalization of $98.64 billion, a price-to-earnings ratio of 20.10 and a beta of 0.92. Invesco S&P 500 Equal Weight ETF has a 12 month low of $182.11 and a 12 month high of $223.43. The business’s 50 day simple moving average is $215.81 and its 200 day simple moving average is $210.53.

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.