Trinity Wealth Management LLC Acquires 8,664 Shares of Invesco S&P 500 Equal Weight ETF $RSP

Trinity Wealth Management LLC increased its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 154.5% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 14,272 shares of the company’s stock after acquiring an additional 8,664 shares during the quarter. Invesco S&P 500 Equal Weight ETF comprises about 1.0% of Trinity Wealth Management LLC’s investment portfolio, making the stock its 27th biggest holding. Trinity Wealth Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $3,037,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of the business. Bank of America Corp DE boosted its position 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 purchasing an additional 3,567,441 shares in the last quarter. Morgan Stanley lifted its position in Invesco S&P 500 Equal Weight ETF by 7.9% during the fourth quarter. Morgan Stanley now owns 31,346,217 shares of the company’s stock valued at $6,004,682,000 after purchasing an additional 2,285,526 shares during the period. Varma Mutual Pension Insurance Co bought a new position in shares of Invesco S&P 500 Equal Weight ETF during the 4th quarter valued at $327,184,000. Clal Insurance Enterprises Holdings Ltd purchased a new position in shares of Invesco S&P 500 Equal Weight ETF in the 4th quarter worth $306,496,000. Finally, BW Gestao de Investimentos Ltda. bought a new stake in shares of Invesco S&P 500 Equal Weight ETF in the fourth quarter worth $287,168,000. 61.18% of the stock is owned by hedge funds and other institutional investors.

Invesco S&P 500 Equal Weight ETF Stock Performance

Invesco S&P 500 Equal Weight ETF stock opened at $219.73 on Thursday. Invesco S&P 500 Equal Weight ETF has a one year low of $182.11 and a one year high of $221.09. The stock has a market cap of $99.30 billion, a PE ratio of 20.10 and a beta of 0.91. The stock has a fifty day moving average of $212.42 and a 200 day moving average of $204.21.

About Invesco S&P 500 Equal Weight ETF

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.