3,170 Invesco S&P 500 Equal Weight ETF $RSP Shares Purchased by TrinityBridge Ltd

TrinityBridge Ltd increased its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 88.1% in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 6,770 shares of the company’s stock after buying an additional 3,170 shares during the quarter. TrinityBridge Ltd’s holdings in Invesco S&P 500 Equal Weight ETF were worth $1,408,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Bank of America Corp DE lifted its position 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 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 Invesco S&P 500 Equal Weight ETF in the second quarter valued at $400,736,000. Clal Insurance Enterprises Holdings Ltd grew its position in Invesco S&P 500 Equal Weight ETF by 3.7% in the first quarter. Clal Insurance Enterprises Holdings Ltd now owns 1,660,000 shares of the company’s stock valued at $318,587,000 after purchasing an additional 60,000 shares in the last quarter. Trust Co of Tennessee grew its position in Invesco S&P 500 Equal Weight ETF by 1.3% in the third quarter. Trust Co of Tennessee now owns 1,000,351 shares of the company’s stock valued at $208,091,000 after purchasing an additional 12,435 shares in the last quarter. Finally, First Interstate Bank increased its stake in Invesco S&P 500 Equal Weight ETF by 0.6% in the 1st quarter. First Interstate Bank now owns 761,230 shares of the company’s stock valued at $146,095,000 after buying an additional 4,860 shares during the last quarter. 61.18% of the stock is currently owned by institutional investors.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of NYSEARCA:RSP opened at $219.26 on Wednesday. The company’s 50-day moving average price is $214.96 and its two-hundred day moving average price is $207.96. Invesco S&P 500 Equal Weight ETF has a one year low of $182.11 and a one year high of $223.43. The stock has a market capitalization of $101.10 billion, a PE ratio of 20.10 and a beta of 0.91.

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). 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.