First National Bank of Omaha Purchases New Stake in Invesco S&P 500 Equal Weight ETF $RSP

First National Bank of Omaha acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) in the 3rd quarter, HoldingsChannel reports. The fund acquired 2,815 shares of the company’s stock, valued at approximately $534,000.

Several other hedge funds have also recently made changes to their positions in the business. GRIMES & Co WEALTH MANAGEMENT LLC boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 107.0% during the third quarter. GRIMES & Co WEALTH MANAGEMENT LLC now owns 265,995 shares of the company’s stock valued at $50,459,000 after buying an additional 137,493 shares during the last quarter. CMG Global Holdings LLC grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 13.6% in the third quarter. CMG Global Holdings LLC now owns 35,694 shares of the company’s stock worth $6,741,000 after acquiring an additional 4,262 shares during the period. Sowell Financial Services LLC boosted its holdings in Invesco S&P 500 Equal Weight ETF by 23.2% in the third quarter. Sowell Financial Services LLC now owns 20,356 shares of the company’s stock worth $3,862,000 after purchasing an additional 3,829 shares during the last quarter. Argent Advisors Inc. grew its position in Invesco S&P 500 Equal Weight ETF by 5.8% in the 3rd quarter. Argent Advisors Inc. now owns 57,461 shares of the company’s stock worth $10,900,000 after purchasing an additional 3,135 shares during the period. Finally, Roman Butler Fullerton & Co. raised its stake in Invesco S&P 500 Equal Weight ETF by 67.0% during the 3rd quarter. Roman Butler Fullerton & Co. now owns 10,862 shares of the company’s stock valued at $2,046,000 after buying an additional 4,358 shares during the last quarter. 61.18% of the stock is owned by hedge funds and other institutional investors.

Invesco S&P 500 Equal Weight ETF Price Performance

RSP stock opened at $203.14 on Friday. The company has a market cap of $84.24 billion, a P/E ratio of 20.10 and a beta of 0.99. The stock’s fifty day moving average price is $197.40 and its 200-day moving average price is $191.43. Invesco S&P 500 Equal Weight ETF has a 1 year low of $150.35 and a 1 year high of $205.24.

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.