Mesirow Financial Investment Management Inc. bought a new position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) during the third quarter, Holdings Channel reports. The firm bought 54,140 shares of the company’s stock, valued at approximately $11,263,000.
Several other large investors have also added to or reduced their stakes in RSP. Bank of America Corp DE lifted 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 in the last quarter. BlueCrest Capital Management Ltd purchased a new position in shares of Invesco S&P 500 Equal Weight ETF during the second quarter valued at approximately $400,736,000. Clal Insurance Enterprises Holdings Ltd grew its holdings in Invesco S&P 500 Equal Weight ETF by 3.7% during the first 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. Keybank National Association OH bought a new stake in Invesco S&P 500 Equal Weight ETF during the third quarter worth $312,719,000. Finally, Commonwealth Equity Services LLC bought a new stake in Invesco S&P 500 Equal Weight ETF during the third quarter worth $248,531,000. Institutional investors own 61.18% of the company’s stock.
Invesco S&P 500 Equal Weight ETF Trading Down 0.0%
Shares of NYSEARCA:RSP opened at $220.88 on Wednesday. The stock has a market cap of $103.00 billion, a PE ratio of 20.10 and a beta of 0.91. The stock’s fifty day simple moving average is $214.82 and its two-hundred day simple moving average is $208.48. Invesco S&P 500 Equal Weight ETF has a 1-year low of $182.11 and a 1-year 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.
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Want to see what other hedge funds are holding RSP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report).
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