Sigma Planning Corp Makes New Investment in Invesco S&P 500 Equal Weight ETF $RSP

Sigma Planning Corp acquired a new position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 59,140 shares of the company’s stock, valued at approximately $12,302,000.

Several other institutional investors and hedge funds have also added to or reduced their stakes in RSP. Bank of America Corp DE boosted 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 valued at $4,869,022,000 after buying an additional 3,567,441 shares in the last quarter. BlueCrest Capital Management Ltd purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 2nd quarter worth about $400,736,000. Clal Insurance Enterprises Holdings Ltd grew its position 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 worth $318,587,000 after buying an additional 60,000 shares during the period. Trust Co of Tennessee increased its stake in shares of Invesco S&P 500 Equal Weight ETF by 1.3% in the 3rd quarter. Trust Co of Tennessee now owns 1,000,351 shares of the company’s stock worth $208,091,000 after acquiring an additional 12,435 shares in the last quarter. Finally, Janney Montgomery Scott LLC increased its stake in shares of Invesco S&P 500 Equal Weight ETF by 19.4% in the 1st quarter. Janney Montgomery Scott LLC now owns 830,928 shares of the company’s stock worth $159,472,000 after acquiring an additional 135,061 shares in the last quarter. Hedge funds and other institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of Invesco S&P 500 Equal Weight ETF stock opened at $216.54 on Monday. Invesco S&P 500 Equal Weight ETF has a 1 year low of $182.11 and a 1 year high of $223.43. The firm has a market cap of $99.34 billion, a price-to-earnings ratio of 20.10 and a beta of 0.92. The company has a 50-day moving average of $215.28 and a 200 day moving average of $211.35.

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.