CENTRAL TRUST Co Purchases New Shares in Invesco S&P 500 Equal Weight ETF $RSP

CENTRAL TRUST Co acquired a new stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 446,215 shares of the company’s stock, valued at approximately $92,822,000. Invesco S&P 500 Equal Weight ETF comprises 1.6% of CENTRAL TRUST Co’s holdings, making the stock its 15th biggest position. CENTRAL TRUST Co owned approximately 0.10% of Invesco S&P 500 Equal Weight ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also modified their holdings of the company. Bank of America Corp DE grew its position in shares of Invesco S&P 500 Equal Weight ETF by 16.4% during the first quarter. Bank of America Corp DE now owns 25,370,060 shares of the company’s stock worth $4,869,022,000 after acquiring an additional 3,567,441 shares during the last quarter. BlueCrest Capital Management Ltd acquired a new position in shares of Invesco S&P 500 Equal Weight ETF in the 2nd quarter valued at $400,736,000. Keybank National Association OH acquired a new position in shares of Invesco S&P 500 Equal Weight ETF in the 3rd quarter valued at $312,719,000. Commonwealth Equity Services LLC purchased a new stake in Invesco S&P 500 Equal Weight ETF in the 3rd quarter valued at $248,531,000. Finally, Eastern Bank purchased a new stake in Invesco S&P 500 Equal Weight ETF in the 3rd quarter valued at $155,449,000. 61.18% of the stock is owned by institutional investors and hedge funds.

Invesco S&P 500 Equal Weight ETF Price Performance

RSP stock opened at $222.65 on Thursday. The company has a market cap of $105.79 billion, a price-to-earnings ratio of 20.90 and a beta of 0.92. The company has a fifty day moving average price of $214.92 and a 200 day moving average price of $208.60. Invesco S&P 500 Equal Weight ETF has a 12 month low of $182.11 and a 12 month high of $224.20.

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.