First Horizon Corp grew its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) by 91.1% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 38,899 shares of the company’s stock after purchasing an additional 18,545 shares during the period. First Horizon Corp’s holdings in Invesco S&P 500 Equal Weight ETF were worth $7,465,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also modified their holdings of the company. Mosaic Family Wealth Partners LLC raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 55.5% during the 1st quarter. Mosaic Family Wealth Partners LLC now owns 6,908 shares of the company’s stock worth $1,326,000 after purchasing an additional 2,466 shares in the last quarter. Kestra Advisory Services LLC raised its position in shares of Invesco S&P 500 Equal Weight ETF by 5.5% in the first quarter. Kestra Advisory Services LLC now owns 610,240 shares of the company’s stock valued at $117,117,000 after purchasing an additional 31,640 shares during the period. Money Concepts Capital Corp lifted its position in Invesco S&P 500 Equal Weight ETF by 18.1% during the first quarter. Money Concepts Capital Corp now owns 138,703 shares of the company’s stock worth $26,620,000 after acquiring an additional 21,229 shares during the last quarter. Sumitomo Mitsui Trust Group Inc. lifted its holdings in Invesco S&P 500 Equal Weight ETF by 69.3% during the 1st quarter. Sumitomo Mitsui Trust Group Inc. now owns 329,700 shares of the company’s stock worth $63,276,000 after purchasing an additional 135,000 shares during the last quarter. Finally, Personal CFO Solutions LLC lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 2.6% during the first quarter. Personal CFO Solutions LLC now owns 3,733 shares of the company’s stock worth $717,000 after buying an additional 96 shares in the last quarter. Institutional investors and hedge funds own 61.18% of the company’s stock.
Invesco S&P 500 Equal Weight ETF Stock Up 0.6%
NYSEARCA RSP opened at $213.50 on Friday. The company has a market capitalization of $95.28 billion, a P/E ratio of 20.10 and a beta of 0.91. The firm has a 50-day moving average price of $208.30 and a two-hundred day moving average price of $201.55. Invesco S&P 500 Equal Weight ETF has a 12-month low of $179.94 and a 12-month high of $216.37.
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.
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