21,722 Shares in Invesco S&P 500 Equal Weight ETF $RSP Bought by First Horizon Corp

First Horizon Corp bought a new position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 21,722 shares of the company’s stock, valued at approximately $4,121,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. CMG Global Holdings LLC raised its position in Invesco S&P 500 Equal Weight ETF by 13.6% in the 3rd quarter. CMG Global Holdings LLC now owns 35,694 shares of the company’s stock worth $6,741,000 after purchasing an additional 4,262 shares during the period. Sowell Financial Services LLC grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 23.2% during the third quarter. Sowell Financial Services LLC now owns 20,356 shares of the company’s stock valued at $3,862,000 after buying an additional 3,829 shares during the last quarter. Geneos Wealth Management Inc. lifted its stake in shares of Invesco S&P 500 Equal Weight ETF by 46.5% in the 2nd quarter. Geneos Wealth Management Inc. now owns 116,894 shares of the company’s stock valued at $21,244,000 after acquiring an additional 37,119 shares during the last quarter. Total Clarity Wealth Management Inc. boosted its holdings in Invesco S&P 500 Equal Weight ETF by 25.4% during the 2nd quarter. Total Clarity Wealth Management Inc. now owns 4,304 shares of the company’s stock valued at $782,000 after acquiring an additional 872 shares during the period. Finally, Gilbert Capital Group Inc. bought a new position in Invesco S&P 500 Equal Weight ETF during the 2nd quarter worth approximately $1,771,000. 61.18% of the stock is owned by institutional investors and hedge funds.

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

Shares of NYSEARCA RSP opened at $197.78 on Tuesday. The company has a market cap of $78.04 billion, a price-to-earnings ratio of 20.10 and a beta of 0.99. Invesco S&P 500 Equal Weight ETF has a 52 week low of $150.35 and a 52 week high of $198.07. The firm’s fifty day moving average is $191.03 and its 200 day moving average is $188.44.

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.