15,035 Invesco S&P 500 Equal Weight ETF $RSP Shares Acquired by Paulson Wealth Management Inc.

Paulson Wealth Management Inc. boosted its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 36.7% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 55,995 shares of the company’s stock after buying an additional 15,035 shares during the period. Invesco S&P 500 Equal Weight ETF makes up 2.4% of Paulson Wealth Management Inc.’s portfolio, making the stock its 11th largest holding. Paulson Wealth Management Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $11,648,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. Bank of America Corp DE lifted its position in 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 second quarter valued at approximately $400,736,000. Commonwealth Equity Services LLC acquired a new position in shares of Invesco S&P 500 Equal Weight ETF in the third quarter valued at approximately $248,531,000. Eastern Bank acquired a new position in shares of Invesco S&P 500 Equal Weight ETF in the third quarter valued at approximately $155,449,000. Finally, Rokos Capital Management LLP bought a new position in shares of Invesco S&P 500 Equal Weight ETF during the first quarter worth approximately $134,688,000. 61.18% of the stock is owned by institutional investors.

Invesco S&P 500 Equal Weight ETF Trading Down 2.9%

Shares of NYSEARCA RSP opened at $216.87 on Friday. The firm has a market cap of $100.00 billion, a P/E ratio of 20.10 and a beta of 0.91. The business’s 50 day moving average is $214.89 and its 200-day moving average is $208.17. Invesco S&P 500 Equal Weight ETF has a 1-year low of $182.11 and a 1-year high of $224.20.

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.