First Interstate Bank Increases Position in Invesco S&P 500 Equal Weight ETF $RSP

First Interstate Bank boosted its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 0.6% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 761,230 shares of the company’s stock after purchasing an additional 4,860 shares during the quarter. Invesco S&P 500 Equal Weight ETF comprises about 8.2% of First Interstate Bank’s portfolio, making the stock its 3rd biggest position. First Interstate Bank owned 0.18% of Invesco S&P 500 Equal Weight ETF worth $146,095,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Brookstone Capital Management lifted its stake in Invesco S&P 500 Equal Weight ETF by 2.5% in the fourth quarter. Brookstone Capital Management now owns 269,874 shares of the company’s stock worth $51,697,000 after acquiring an additional 6,481 shares during the period. Banta Asset Management LP purchased a new position in Invesco S&P 500 Equal Weight ETF during the 4th quarter valued at about $1,654,000. Allen Investment Management LLC increased its position in Invesco S&P 500 Equal Weight ETF by 32.8% during the 4th quarter. Allen Investment Management LLC now owns 142,450 shares of the company’s stock valued at $27,286,000 after purchasing an additional 35,220 shares during the period. Tennessee Valley Asset Management Partners bought a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 3rd quarter valued at about $777,000. Finally, Vise Technologies Inc. raised its holdings in shares of Invesco S&P 500 Equal Weight ETF by 144.2% in the 4th quarter. Vise Technologies Inc. now owns 5,051 shares of the company’s stock valued at $968,000 after purchasing an additional 2,983 shares in the last quarter. 61.18% of the stock is owned by institutional investors.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of RSP opened at $212.20 on Thursday. The company has a 50 day moving average price of $208.05 and a 200-day moving average price of $201.41. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $179.94 and a fifty-two week high of $216.37. The stock has a market capitalization of $94.70 billion, a PE ratio of 20.10 and a beta of 0.91.

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.