Revolve Wealth Partners LLC Acquires New Shares in Invesco S&P 500 Equal Weight ETF $RSP

Revolve Wealth Partners LLC acquired a new position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) in the second quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 6,826 shares of the company’s stock, valued at approximately $1,452,000.

Several other large investors have also recently added to or reduced their stakes in RSP. Bank of America Corp DE increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 16.4% in the 1st 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 period. Morgan Stanley grew its position in Invesco S&P 500 Equal Weight ETF by 7.9% in the 4th quarter. Morgan Stanley now owns 31,346,217 shares of the company’s stock worth $6,004,682,000 after purchasing an additional 2,285,526 shares during the last quarter. Varma Mutual Pension Insurance Co bought a new position in Invesco S&P 500 Equal Weight ETF in the 4th quarter worth about $327,184,000. Clal Insurance Enterprises Holdings Ltd bought a new position in Invesco S&P 500 Equal Weight ETF in the 4th quarter worth about $306,496,000. Finally, BW Gestao de Investimentos Ltda. acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at approximately $287,168,000. 61.18% of the stock is owned by institutional investors and hedge funds.

Invesco S&P 500 Equal Weight ETF Trading Up 0.1%

RSP opened at $220.22 on Tuesday. The business’s 50 day moving average is $213.08 and its 200-day moving average is $204.67. The stock has a market cap of $99.52 billion, a PE ratio of 20.10 and a beta of 0.91. Invesco S&P 500 Equal Weight ETF has a twelve month low of $182.11 and a twelve month high of $221.09.

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.