Finemark National Bank & Trust Has $6.52 Million Position in Invesco S&P 500 Equal Weight ETF $RSP

Finemark National Bank & Trust boosted its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 18.2% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 34,365 shares of the company’s stock after buying an additional 5,280 shares during the quarter. Finemark National Bank & Trust’s holdings in Invesco S&P 500 Equal Weight ETF were worth $6,519,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Brighton Jones LLC grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 3.4% in the fourth quarter. Brighton Jones LLC now owns 7,516 shares of the company’s stock worth $1,317,000 after purchasing an additional 246 shares during the last quarter. Heck Capital Advisors LLC acquired a new position in Invesco S&P 500 Equal Weight ETF during the 4th quarter worth about $83,931,000. Bison Wealth LLC grew its position in shares of Invesco S&P 500 Equal Weight ETF by 25.8% in the 4th quarter. Bison Wealth LLC now owns 20,957 shares of the company’s stock valued at $3,672,000 after buying an additional 4,295 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF in the first quarter valued at about $11,553,000. Finally, Assetmark Inc. increased its stake in shares of Invesco S&P 500 Equal Weight ETF by 54.4% in the second quarter. Assetmark Inc. now owns 5,583 shares of the company’s stock valued at $1,015,000 after buying an additional 1,966 shares during the period. 61.18% of the stock is owned by institutional investors.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of RSP opened at $204.97 on Friday. The business has a 50-day moving average of $198.73 and a 200-day moving average of $192.34. The company has a market capitalization of $85.00 billion, a price-to-earnings ratio of 20.10 and a beta of 0.99. Invesco S&P 500 Equal Weight ETF has a 1 year low of $150.35 and a 1 year high of $205.24.

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.