Triangle Securities Wealth Management Increases Stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Triangle Securities Wealth Management boosted its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSPGet Rating) by 12.0% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 10,100 shares of the company’s stock after purchasing an additional 1,081 shares during the quarter. Triangle Securities Wealth Management’s holdings in Invesco S&P 500 Equal Weight ETF were worth $1,593,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Lbmc Investment Advisors LLC grew its position in shares of Invesco S&P 500 Equal Weight ETF by 34,947.1% during the 4th quarter. Lbmc Investment Advisors LLC now owns 1,419,760 shares of the company’s stock valued at $231,066,000 after acquiring an additional 1,415,709 shares during the period. Bank of America Corp DE increased its holdings in Invesco S&P 500 Equal Weight ETF by 7.5% in the 4th quarter. Bank of America Corp DE now owns 9,065,444 shares of the company’s stock worth $1,475,402,000 after acquiring an additional 632,062 shares in the last quarter. Meitav Dash Investments Ltd. lifted its holdings in Invesco S&P 500 Equal Weight ETF by 136.2% during the fourth quarter. Meitav Dash Investments Ltd. now owns 642,647 shares of the company’s stock valued at $104,659,000 after purchasing an additional 370,543 shares in the last quarter. Wells Fargo & Company MN boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 7.7% in the fourth quarter. Wells Fargo & Company MN now owns 4,549,314 shares of the company’s stock worth $740,401,000 after purchasing an additional 326,108 shares during the period. Finally, HighTower Advisors LLC increased its stake in shares of Invesco S&P 500 Equal Weight ETF by 48.1% in the fourth quarter. HighTower Advisors LLC now owns 809,981 shares of the company’s stock worth $131,805,000 after purchasing an additional 263,222 shares in the last quarter.

RSP stock opened at $132.62 on Thursday. The company has a fifty day simple moving average of $145.66 and a two-hundred day simple moving average of $152.95. Invesco S&P 500 Equal Weight ETF has a 52 week low of $129.56 and a 52 week high of $164.90.

Invesco S&P 500 Equal Weight ETF Profile (Get Rating)

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).

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Institutional Ownership by Quarter for Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

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