Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) Shares Purchased by TIAA Trust National Association

TIAA Trust National Association lifted its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 16.8% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 11,809 shares of the company’s stock after buying an additional 1,698 shares during the quarter. TIAA Trust National Association’s holdings in Invesco S&P 500 Equal Weight ETF were worth $2,000,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently added to or reduced their stakes in the company. Clal Insurance Enterprises Holdings Ltd bought a new position in Invesco S&P 500 Equal Weight ETF during the 4th quarter worth $860,010,000. Balyasny Asset Management L.P. bought a new position in Invesco S&P 500 Equal Weight ETF during the fourth quarter valued at about $671,392,000. JPMorgan Chase & Co. raised its position in Invesco S&P 500 Equal Weight ETF by 48.9% in the first quarter. JPMorgan Chase & Co. now owns 7,094,524 shares of the company’s stock worth $1,201,600,000 after acquiring an additional 2,328,560 shares in the last quarter. Global Assets Advisory LLC acquired a new stake in Invesco S&P 500 Equal Weight ETF in the 1st quarter valued at about $284,337,000. Finally, International Assets Investment Management LLC bought a new position in shares of Invesco S&P 500 Equal Weight ETF during the 4th quarter valued at about $165,805,000.

Invesco S&P 500 Equal Weight ETF Stock Up 0.5 %

NYSEARCA:RSP traded up $0.86 during trading hours on Monday, reaching $169.26. 7,008,087 shares of the company’s stock were exchanged, compared to its average volume of 6,149,718. The company has a market capitalization of $56.69 billion, a P/E ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a 12 month low of $133.34 and a 12 month high of $172.38. The business’s 50-day simple moving average is $165.70 and its two-hundred day simple moving average is $163.08.

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).