Invesco S&P 500 Equal Weight ETF $RSP Stock: Csenge Advisory Group Raises Stake

Csenge Advisory Group lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 2.0% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 589,950 shares of the company’s stock after acquiring an additional 11,666 shares during the quarter. Invesco S&P 500 Equal Weight ETF makes up about 4.7% of Csenge Advisory Group’s portfolio, making the stock its 2nd biggest holding. Csenge Advisory Group owned 0.13% of Invesco S&P 500 Equal Weight ETF worth $122,721,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in RSP. Bank of America Corp DE raised its stake in Invesco S&P 500 Equal Weight ETF by 16.4% in 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 period. BlueCrest Capital Management Ltd acquired a new stake in Invesco S&P 500 Equal Weight ETF during the 2nd quarter valued at $400,736,000. Clal Insurance Enterprises Holdings Ltd boosted 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 purchasing an additional 60,000 shares during the period. Commonwealth Equity Services LLC bought a new position in Invesco S&P 500 Equal Weight ETF during the third quarter worth $248,531,000. Finally, Trust Co of Tennessee boosted its position in Invesco S&P 500 Equal Weight ETF by 1.3% during the third quarter. Trust Co of Tennessee now owns 1,000,351 shares of the company’s stock worth $208,091,000 after purchasing an additional 12,435 shares during the period. 61.18% of the stock is owned by institutional investors and hedge funds.

Invesco S&P 500 Equal Weight ETF Price Performance

NYSEARCA:RSP opened at $220.88 on Wednesday. Invesco S&P 500 Equal Weight ETF has a one year low of $182.11 and a one year high of $224.20. The company has a market cap of $103.00 billion, a P/E ratio of 20.10 and a beta of 0.91. The firm’s fifty day moving average price is $214.82 and its two-hundred day moving average price is $208.48.

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.