Invesco S&P 500 Equal Weight ETF $RSP Shares Purchased by First National Bank Sioux Falls

First National Bank Sioux Falls raised its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 8.4% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 56,621 shares of the company’s stock after acquiring an additional 4,371 shares during the quarter. Invesco S&P 500 Equal Weight ETF makes up approximately 3.1% of First National Bank Sioux Falls’ investment portfolio, making the stock its 7th largest position. First National Bank Sioux Falls’ holdings in Invesco S&P 500 Equal Weight ETF were worth $11,360,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in the stock. Worth Asset Management LLC bought a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 1st quarter valued at approximately $1,270,000. Aspire Growth Partners LLC increased its position in Invesco S&P 500 Equal Weight ETF by 4.3% during the 1st quarter. Aspire Growth Partners LLC now owns 4,041 shares of the company’s stock worth $775,000 after purchasing an additional 165 shares in the last quarter. Anchyra Partners LLC lifted its stake in Invesco S&P 500 Equal Weight ETF by 14.3% in the 1st quarter. Anchyra Partners LLC now owns 7,972 shares of the company’s stock valued at $1,530,000 after purchasing an additional 1,000 shares during the last quarter. Novare Capital Management LLC lifted its stake in Invesco S&P 500 Equal Weight ETF by 749.5% in the 1st quarter. Novare Capital Management LLC now owns 10,432 shares of the company’s stock valued at $2,002,000 after purchasing an additional 9,204 shares during the last quarter. Finally, Summit Wealth Partners LLC boosted its position in Invesco S&P 500 Equal Weight ETF by 12.8% in the first quarter. Summit Wealth Partners LLC now owns 6,097 shares of the company’s stock valued at $1,170,000 after buying an additional 690 shares in the last quarter. 61.18% of the stock is currently owned by institutional investors and hedge funds.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of Invesco S&P 500 Equal Weight ETF stock opened at $209.61 on Tuesday. The company’s 50 day moving average price is $205.28 and its two-hundred day moving average price is $199.68. The firm has a market capitalization of $90.43 billion, a P/E ratio of 20.10 and a beta of 0.91. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $175.98 and a fifty-two week high of $214.30.

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.