Fifth Third Bancorp Boosts Holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Fifth Third Bancorp boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 50.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 37,020 shares of the company’s stock after buying an additional 12,368 shares during the quarter. Fifth Third Bancorp’s holdings in Invesco S&P 500 Equal Weight ETF were worth $6,487,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Beaumont Financial Advisors LLC lifted its holdings in Invesco S&P 500 Equal Weight ETF by 3.2% during the fourth quarter. Beaumont Financial Advisors LLC now owns 1,866 shares of the company’s stock valued at $327,000 after purchasing an additional 58 shares in the last quarter. CPA Asset Management LLC lifted its stake in shares of Invesco S&P 500 Equal Weight ETF by 4.7% during the 3rd quarter. CPA Asset Management LLC now owns 1,386 shares of the company’s stock valued at $248,000 after buying an additional 62 shares in the last quarter. Inlet Private Wealth LLC boosted its holdings in Invesco S&P 500 Equal Weight ETF by 2.2% in the 3rd quarter. Inlet Private Wealth LLC now owns 2,867 shares of the company’s stock worth $514,000 after buying an additional 63 shares during the period. Abound Wealth Management boosted its holdings in Invesco S&P 500 Equal Weight ETF by 1.6% in the 4th quarter. Abound Wealth Management now owns 4,031 shares of the company’s stock worth $706,000 after buying an additional 63 shares during the period. Finally, Avior Wealth Management LLC increased its stake in Invesco S&P 500 Equal Weight ETF by 1.5% in the 4th quarter. Avior Wealth Management LLC now owns 4,272 shares of the company’s stock worth $749,000 after buying an additional 64 shares in the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Down 0.1 %

Shares of Invesco S&P 500 Equal Weight ETF stock opened at $182.19 on Monday. The company has a market capitalization of $61.02 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90. The stock’s 50-day simple moving average is $180.39 and its 200-day simple moving average is $176.66. Invesco S&P 500 Equal Weight ETF has a 52 week low of $155.79 and a 52 week high of $188.16.

Invesco S&P 500 Equal Weight ETF 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).