Invesco S&P 500 Equal Weight ETF $RSP Stake Lifted by Bell Bank

Bell Bank grew its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 102.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 587,480 shares of the company’s stock after purchasing an additional 296,939 shares during the quarter. Invesco S&P 500 Equal Weight ETF accounts for 4.8% of Bell Bank’s investment portfolio, making the stock its 5th biggest position. Bell Bank owned 0.15% of Invesco S&P 500 Equal Weight ETF worth $112,538,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently modified their holdings of RSP. North Peak Capital Management LLC lifted its position in Invesco S&P 500 Equal Weight ETF by 227.3% during the 2nd quarter. North Peak Capital Management LLC now owns 1,374,131 shares of the company’s stock worth $249,735,000 after acquiring an additional 2,453,262 shares in the last quarter. Corient Private Wealth LLC grew its position in Invesco S&P 500 Equal Weight ETF by 303.3% in the second quarter. Corient Private Wealth LLC now owns 1,015,653 shares of the company’s stock valued at $184,495,000 after acquiring an additional 763,825 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its position in Invesco S&P 500 Equal Weight ETF by 2.6% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 25,293,041 shares of the company’s stock valued at $4,798,090,000 after acquiring an additional 635,369 shares in the last quarter. Endurance Services Ltd purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF during the third quarter valued at approximately $96,962,000. Finally, Schusterman Interests LLC raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 420.8% during the third quarter. Schusterman Interests LLC now owns 625,000 shares of the company’s stock valued at $118,562,000 after purchasing an additional 505,000 shares during the period. Hedge funds and other institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Trading Down 1.4%

NYSEARCA RSP opened at $188.46 on Friday. The stock has a market cap of $78.15 billion, a P/E ratio of 20.10 and a beta of 0.99. The company’s fifty day simple moving average is $198.88 and its 200-day simple moving average is $193.46. Invesco S&P 500 Equal Weight ETF has a 52 week low of $150.35 and a 52 week high of $205.24.

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.