Calamos Wealth Management LLC Makes New Investment in Invesco S&P 500 Equal Weight ETF $RSP

Calamos Wealth Management LLC acquired a new position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 22,601 shares of the company’s stock, valued at approximately $4,701,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Bank of America Corp DE lifted its stake 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 bought a new stake in Invesco S&P 500 Equal Weight ETF during the second quarter valued at about $400,736,000. Commonwealth Equity Services LLC bought a new stake in Invesco S&P 500 Equal Weight ETF during the third quarter valued at about $248,531,000. Eastern Bank purchased a new position in shares of Invesco S&P 500 Equal Weight ETF in the third quarter valued at about $155,449,000. Finally, Rokos Capital Management LLP purchased a new position in shares of Invesco S&P 500 Equal Weight ETF in the first quarter valued at about $134,688,000. 61.18% of the stock is currently owned by institutional investors.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of NYSEARCA RSP traded down $0.82 during mid-day trading on Friday, reaching $216.05. The company’s stock had a trading volume of 13,096,930 shares, compared to its average volume of 11,916,534. The firm has a market capitalization of $100.26 billion, a PE ratio of 20.10 and a beta of 0.91. The stock has a fifty day moving average of $214.78 and a two-hundred day moving average of $208.27. Invesco S&P 500 Equal Weight ETF has a 52 week low of $182.11 and a 52 week high of $224.20.

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.