Banco Bilbao Vizcaya Argentaria S.A. reduced its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) by 16.5% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 54,961 shares of the company’s stock after selling 10,840 shares during the period. Banco Bilbao Vizcaya Argentaria S.A.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $10,416,000 at the end of the most recent quarter.
Other institutional investors also recently bought and sold shares of the company. NBZ Investment Advisors LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 3rd quarter worth approximately $26,000. Aviso Financial Inc. purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 3rd quarter valued at approximately $28,000. Investment Counsel Co. of Nevada acquired a new position in Invesco S&P 500 Equal Weight ETF in the second quarter valued at approximately $29,000. Tompkins Financial Corp purchased a new position in Invesco S&P 500 Equal Weight ETF in the third quarter worth approximately $32,000. Finally, IMA Advisory Services Inc. purchased a new position in Invesco S&P 500 Equal Weight ETF in the third quarter worth approximately $33,000. 61.18% of the stock is owned by hedge funds and other institutional investors.
Invesco S&P 500 Equal Weight ETF Stock Down 0.0%
RSP stock opened at $193.52 on Monday. Invesco S&P 500 Equal Weight ETF has a 52-week low of $150.35 and a 52-week high of $205.24. The stock has a market cap of $80.25 billion, a price-to-earnings ratio of 20.10 and a beta of 0.99. The business has a fifty day moving average of $199.87 and a two-hundred day moving average of $193.20.
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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