2,914 Invesco S&P 500 Equal Weight ETF $RSP Shares Bought by Robertson Stephens Wealth Management LLC

Robertson Stephens Wealth Management LLC grew its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 1.3% in the third quarter, HoldingsChannel reports. The fund owned 234,833 shares of the company’s stock after buying an additional 2,914 shares during the period. Invesco S&P 500 Equal Weight ETF accounts for 1.2% of Robertson Stephens Wealth Management LLC’s portfolio, making the stock its 18th largest position. Robertson Stephens Wealth Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $48,850,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of RSP. Bank of America Corp DE grew its stake 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 acquiring 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 during the second quarter worth about $400,736,000. Clal Insurance Enterprises Holdings Ltd increased its position 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 acquiring an additional 60,000 shares during the period. Rockefeller Capital Management L.P. raised its stake in Invesco S&P 500 Equal Weight ETF by 8.2% in the 4th quarter. Rockefeller Capital Management L.P. now owns 1,434,548 shares of the company’s stock worth $274,802,000 after purchasing an additional 108,552 shares in the last quarter. Finally, Janney Montgomery Scott LLC raised its stake in Invesco S&P 500 Equal Weight ETF by 19.4% in the 1st quarter. Janney Montgomery Scott LLC now owns 830,928 shares of the company’s stock worth $159,472,000 after purchasing an additional 135,061 shares in the last quarter. Institutional investors own 61.18% of the company’s stock.

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

Shares of Invesco S&P 500 Equal Weight ETF stock opened at $214.09 on Friday. The stock has a market capitalization of $98.92 billion, a price-to-earnings ratio of 20.10 and a beta of 0.92. Invesco S&P 500 Equal Weight ETF has a twelve month low of $182.11 and a twelve month high of $223.43. The company has a 50-day simple moving average of $215.81 and a two-hundred day simple moving average of $210.38.

Invesco S&P 500 Equal Weight ETF Company 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.