Arvest Bank Trust Division Has $34.24 Million Stock Position in Invesco S&P 500 Equal Weight ETF $RSP

Arvest Bank Trust Division boosted its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 1.5% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 180,468 shares of the company’s stock after acquiring an additional 2,601 shares during the period. Invesco S&P 500 Equal Weight ETF accounts for about 1.9% of Arvest Bank Trust Division’s holdings, making the stock its 14th biggest position. Arvest Bank Trust Division’s holdings in Invesco S&P 500 Equal Weight ETF were worth $34,235,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Investment Counsel Co. of Nevada acquired a new stake in Invesco S&P 500 Equal Weight ETF in the 2nd quarter valued at $29,000. Tompkins Financial Corp acquired a new position in Invesco S&P 500 Equal Weight ETF during the third quarter worth $32,000. IMA Advisory Services Inc. acquired a new position in Invesco S&P 500 Equal Weight ETF during the third quarter worth $33,000. GoalVest Advisory LLC bought a new position in shares of Invesco S&P 500 Equal Weight ETF in the second quarter valued at $34,000. Finally, Cloud Capital Management LLC acquired a new position in shares of Invesco S&P 500 Equal Weight ETF during the third quarter valued at about $35,000. Institutional investors and hedge funds own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Price Performance

NYSEARCA:RSP opened at $202.87 on Tuesday. Invesco S&P 500 Equal Weight ETF has a one year low of $150.35 and a one year high of $205.24. The company has a market cap of $84.13 billion, a PE ratio of 20.10 and a beta of 0.99. The firm has a 50-day moving average of $196.78 and a 200-day moving average of $191.11.

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.