United Advisor Group LLC Acquires 3,411 Shares of Invesco S&P 500 Equal Weight ETF $RSP

United Advisor Group LLC lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 188.6% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,220 shares of the company’s stock after purchasing an additional 3,411 shares during the period. United Advisor Group LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $1,086,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in RSP. Bank of America Corp DE increased its holdings in 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 worth $4,869,022,000 after purchasing an additional 3,567,441 shares in the last quarter. BlueCrest Capital Management Ltd bought a new position in shares of Invesco S&P 500 Equal Weight ETF during the 2nd quarter worth approximately $400,736,000. Clal Insurance Enterprises Holdings Ltd boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 3.7% during 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 in the last quarter. Commonwealth Equity Services LLC bought a new position in shares of Invesco S&P 500 Equal Weight ETF during the 3rd quarter worth approximately $248,531,000. Finally, Trust Co of Tennessee boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 1.3% during the 3rd quarter. Trust Co of Tennessee now owns 1,000,351 shares of the company’s stock worth $208,091,000 after buying an additional 12,435 shares in the last quarter. Institutional investors and hedge funds own 61.18% of the company’s stock.

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

Shares of RSP stock opened at $216.05 on Friday. The company has a market cap of $100.26 billion, a price-to-earnings ratio of 20.10 and a beta of 0.91. Invesco S&P 500 Equal Weight ETF has a 52 week low of $182.11 and a 52 week high of $224.20. The firm has a 50 day moving average of $214.78 and a 200-day moving average of $208.27.

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.