Clal Insurance Enterprises Holdings Ltd purchased a new stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 1,600,000 shares of the company’s stock, valued at approximately $306,496,000. Invesco S&P 500 Equal Weight ETF makes up about 2.0% of Clal Insurance Enterprises Holdings Ltd’s holdings, making the stock its 10th biggest position. Clal Insurance Enterprises Holdings Ltd owned about 0.39% of Invesco S&P 500 Equal Weight ETF at the end of the most recent reporting period.
A number of other institutional investors have also recently bought and sold shares of RSP. NBZ Investment Advisors LLC bought a new position in Invesco S&P 500 Equal Weight ETF in the third quarter valued at approximately $26,000. Dorato Capital Management bought a new position in Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at approximately $26,000. Aviso Financial Inc. bought a new position in Invesco S&P 500 Equal Weight ETF in the third quarter valued at approximately $28,000. IMA Advisory Services Inc. bought a new position in Invesco S&P 500 Equal Weight ETF in the third quarter valued at approximately $33,000. Finally, Goodman Advisory Group LLC bought a new position in Invesco S&P 500 Equal Weight ETF in the third quarter valued at approximately $35,000. Institutional investors own 61.18% of the company’s stock.
Invesco S&P 500 Equal Weight ETF Stock Performance
Shares of RSP opened at $211.65 on Friday. Invesco S&P 500 Equal Weight ETF has a twelve month low of $175.98 and a twelve month high of $212.12. The firm’s 50 day moving average price is $203.40 and its two-hundred day moving average price is $198.74. The firm has a market cap of $91.31 billion, a P/E ratio of 20.10 and a beta of 0.91.
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.
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