Invesco S&P 500 Equal Weight ETF $RSP Stake Boosted by Fifth Third Bancorp

Fifth Third Bancorp boosted its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 733.4% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 464,555 shares of the company’s stock after purchasing an additional 408,814 shares during the quarter. Fifth Third Bancorp’s holdings in Invesco S&P 500 Equal Weight ETF were worth $89,157,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in RSP. Dorato Capital Management bought a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 4th quarter valued at about $26,000. Nalls Sherbakoff Group LLC acquired a new stake in Invesco S&P 500 Equal Weight ETF during the fourth quarter worth about $29,000. Hurley Capital LLC lifted its holdings in Invesco S&P 500 Equal Weight ETF by 200.0% in the fourth quarter. Hurley Capital LLC now owns 177 shares of the company’s stock worth $34,000 after acquiring an additional 118 shares during the last quarter. Basepoint Wealth LLC bought a new position in Invesco S&P 500 Equal Weight ETF in the fourth quarter worth about $40,000. Finally, Murphy & Mullick Capital Management Corp acquired a new position in Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at approximately $42,000. Institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Stock Up 0.4%

RSP stock traded up $0.80 during midday trading on Friday, reaching $214.30. The company had a trading volume of 5,539,473 shares, compared to its average volume of 14,463,745. The firm has a market capitalization of $96.73 billion, a PE ratio of 20.10 and a beta of 0.91. The stock has a 50 day moving average price of $208.58 and a 200 day moving average price of $201.64. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $179.94 and a fifty-two week high of $216.37.

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.