Arvest Bank Trust Division Buys 2,601 Shares of Invesco S&P 500 Equal Weight ETF $RSP

Arvest Bank Trust Division raised its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 1.5% during the 3rd quarter, Holdings Channel.com reports. The fund owned 180,468 shares of the company’s stock after acquiring an additional 2,601 shares during the period. Invesco S&P 500 Equal Weight ETF accounts for about 1.9% of Arvest Bank Trust Division’s portfolio, making the stock its 14th biggest position. Arvest Bank Trust Division’s holdings in Invesco S&P 500 Equal Weight ETF were worth $34,235,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Brighton Jones LLC grew its position in Invesco S&P 500 Equal Weight ETF by 3.4% in the 4th quarter. Brighton Jones LLC now owns 7,516 shares of the company’s stock worth $1,317,000 after purchasing an additional 246 shares in the last quarter. Heck Capital Advisors LLC purchased a new position in shares of Invesco S&P 500 Equal Weight ETF in the 4th quarter worth approximately $83,931,000. Bison Wealth LLC boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 25.8% in the 4th quarter. Bison Wealth LLC now owns 20,957 shares of the company’s stock worth $3,672,000 after buying an additional 4,295 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC bought a new position in shares of Invesco S&P 500 Equal Weight ETF in the first quarter valued at approximately $11,553,000. Finally, Signature Estate & Investment Advisors LLC grew its holdings in shares of Invesco S&P 500 Equal Weight ETF by 1.2% in the second quarter. Signature Estate & Investment Advisors LLC now owns 5,502 shares of the company’s stock valued at $1,000,000 after acquiring an additional 64 shares in the last quarter. 61.18% of the stock is owned by hedge funds and other institutional investors.

Invesco S&P 500 Equal Weight ETF Trading Up 1.0%

Shares of RSP opened at $202.87 on Tuesday. The stock has a 50 day moving average of $196.78 and a 200 day moving average of $191.11. The company has a market capitalization of $84.13 billion, a price-to-earnings ratio of 20.10 and a beta of 0.99. Invesco S&P 500 Equal Weight ETF has a 12 month low of $150.35 and a 12 month high of $205.24.

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.