Strategy Asset Managers LLC Buys 25,343 Shares of Invesco S&P 500 Equal Weight ETF $RSP

Strategy Asset Managers LLC bought a new position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) in the third quarter, according to its most recent disclosure with the SEC. The firm bought 25,343 shares of the company’s stock, valued at approximately $5,272,000.

Other institutional investors have also modified their holdings of the company. Bank of America Corp DE boosted its position 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 acquiring an additional 3,567,441 shares during the last quarter. BlueCrest Capital Management Ltd purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF in the second quarter valued at about $400,736,000. State of Wisconsin Investment Board grew its holdings in shares of Invesco S&P 500 Equal Weight ETF by 14.3% in the fourth quarter. State of Wisconsin Investment Board now owns 8,485,519 shares of the company’s stock valued at $1,625,486,000 after purchasing an additional 1,060,181 shares during the period. Eastern Bank acquired a new stake in Invesco S&P 500 Equal Weight ETF during the third quarter worth about $155,449,000. Finally, Rokos Capital Management LLP acquired a new stake in Invesco S&P 500 Equal Weight ETF during the first quarter worth about $134,688,000. Hedge funds and other institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Trading Down 0.6%

Invesco S&P 500 Equal Weight ETF stock opened at $212.09 on Thursday. The company has a 50-day moving average price of $216.01 and a 200 day moving average price of $210.16. Invesco S&P 500 Equal Weight ETF has a 12-month low of $182.11 and a 12-month high of $223.43. The stock has a market cap of $97.35 billion, a P/E ratio of 20.10 and a beta of 0.92.

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.