Invesco S&P 500 Equal Weight ETF $RSP Position Increased by Bell Bank

Bell Bank increased its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 102.2% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 587,480 shares of the company’s stock after acquiring an additional 296,939 shares during the quarter. Invesco S&P 500 Equal Weight ETF makes up 4.8% of Bell Bank’s portfolio, making the stock its 5th biggest position. Bell Bank’s holdings in Invesco S&P 500 Equal Weight ETF were worth $112,538,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of RSP. NBZ Investment Advisors LLC purchased a new stake in Invesco S&P 500 Equal Weight ETF during the 3rd quarter worth approximately $26,000. Aviso Financial Inc. purchased a new position in shares of Invesco S&P 500 Equal Weight ETF during the 3rd quarter valued at approximately $28,000. Investment Counsel Co. of Nevada purchased a new position in shares of Invesco S&P 500 Equal Weight ETF during the 2nd quarter valued at approximately $29,000. Tompkins Financial Corp acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF during the third quarter worth approximately $32,000. Finally, IMA Advisory Services Inc. bought a new stake in shares of Invesco S&P 500 Equal Weight ETF in the third quarter worth $33,000. Hedge funds and other institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Price Performance

RSP opened at $188.46 on Friday. The stock has a market capitalization of $78.15 billion, a PE ratio of 20.10 and a beta of 0.99. The firm’s fifty day moving average price is $198.88 and its 200 day moving average price is $193.46. 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 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.