Invesco S&P 500 Equal Weight ETF $RSP Shares Acquired by Bell Bank

Bell Bank increased its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 1.6% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 290,541 shares of the company’s stock after buying an additional 4,537 shares during the quarter. Invesco S&P 500 Equal Weight ETF comprises 2.4% of Bell Bank’s portfolio, making the stock its 10th largest holding. Bell Bank owned about 0.08% of Invesco S&P 500 Equal Weight ETF worth $55,116,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Realta Investment Advisors increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 15.5% during the second quarter. Realta Investment Advisors now owns 410 shares of the company’s stock valued at $75,000 after purchasing an additional 55 shares during the period. Fusion Capital LLC lifted its holdings in Invesco S&P 500 Equal Weight ETF by 2.2% in the second quarter. Fusion Capital LLC now owns 2,564 shares of the company’s stock worth $466,000 after purchasing an additional 56 shares during the period. Burns J W & Co. Inc. NY grew its position in Invesco S&P 500 Equal Weight ETF by 0.4% in the 3rd quarter. Burns J W & Co. Inc. NY now owns 13,281 shares of the company’s stock valued at $2,519,000 after buying an additional 57 shares in the last quarter. Signature Estate & Investment Advisors LLC increased its stake in Invesco S&P 500 Equal Weight ETF by 1.2% during the 2nd quarter. Signature Estate & Investment Advisors LLC now owns 5,502 shares of the company’s stock valued at $1,000,000 after buying an additional 64 shares during the period. Finally, Ehrlich Financial Group raised its position in shares of Invesco S&P 500 Equal Weight ETF by 1.4% during the 2nd quarter. Ehrlich Financial Group now owns 4,792 shares of the company’s stock worth $871,000 after buying an additional 65 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 Trading Up 0.7%

Shares of NYSEARCA:RSP opened at $192.86 on Friday. The company has a 50 day moving average of $190.14 and a 200-day moving average of $187.55. The firm has a market cap of $74.60 billion, a P/E ratio of 20.10 and a beta of 0.99. Invesco S&P 500 Equal Weight ETF has a twelve month low of $150.35 and a twelve month high of $195.46.

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.