Clal Insurance Enterprises Holdings Ltd Buys 60,000 Shares of Invesco S&P 500 Equal Weight ETF $RSP

Clal Insurance Enterprises Holdings Ltd lifted its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 3.7% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 1,660,000 shares of the company’s stock after acquiring an additional 60,000 shares during the quarter. Invesco S&P 500 Equal Weight ETF makes up approximately 1.9% of Clal Insurance Enterprises Holdings Ltd’s investment portfolio, making the stock its 11th largest position. Clal Insurance Enterprises Holdings Ltd’s holdings in Invesco S&P 500 Equal Weight ETF were worth $318,587,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Dorato Capital Management acquired a new stake in Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at $26,000. Nalls Sherbakoff Group LLC bought a new position in Invesco S&P 500 Equal Weight ETF during the fourth quarter worth $29,000. Hurley Capital LLC boosted its position in Invesco S&P 500 Equal Weight ETF by 200.0% during the fourth quarter. Hurley Capital LLC now owns 177 shares of the company’s stock worth $34,000 after purchasing an additional 118 shares during the period. Basepoint Wealth LLC acquired a new position in shares of Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at $40,000. Finally, Raleigh Capital Management Inc. acquired a new position in shares of Invesco S&P 500 Equal Weight ETF in the first quarter valued at $42,000. 61.18% of the stock is owned by institutional investors and hedge funds.

Invesco S&P 500 Equal Weight ETF Stock Performance

NYSEARCA RSP opened at $212.76 on Wednesday. The stock has a market cap of $95.69 billion, a PE ratio of 20.10 and a beta of 0.91. The firm has a 50-day moving average of $209.93 and a 200-day moving average of $202.69. Invesco S&P 500 Equal Weight ETF has a 52-week low of $179.94 and a 52-week high of $216.37.

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.