Venture Visionary Partners LLC Boosts Holdings in Invesco S&P 500 Equal Weight ETF $RSP

Venture Visionary Partners LLC grew its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 1.6% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 384,586 shares of the company’s stock after acquiring an additional 5,887 shares during the quarter. Invesco S&P 500 Equal Weight ETF accounts for approximately 2.0% of Venture Visionary Partners LLC’s investment portfolio, making the stock its 11th biggest position. Venture Visionary Partners LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $80,002,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Bank of America Corp DE raised its stake in 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. BlueCrest Capital Management Ltd acquired a new position in shares of Invesco S&P 500 Equal Weight ETF during the 2nd quarter worth approximately $400,736,000. Clal Insurance Enterprises Holdings Ltd acquired a new position in shares of Invesco S&P 500 Equal Weight ETF during the 4th quarter worth approximately $306,496,000. State of Wisconsin Investment Board increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 14.3% during the fourth quarter. State of Wisconsin Investment Board now owns 8,485,519 shares of the company’s stock worth $1,625,486,000 after purchasing an additional 1,060,181 shares during the period. Finally, Eastern Bank bought a new position in shares of Invesco S&P 500 Equal Weight ETF during the third quarter worth approximately $155,449,000. 61.18% of the stock is currently owned by institutional investors and hedge funds.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of NYSEARCA RSP traded down $1.73 during midday trading on Wednesday, reaching $210.60. The company’s stock had a trading volume of 7,338,792 shares, compared to its average volume of 12,094,951. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $182.11 and a fifty-two week high of $223.43. The business’s 50 day moving average price is $216.49 and its two-hundred day moving average price is $209.42. The company has a market cap of $95.84 billion, a P/E ratio of 20.10 and a beta of 0.92.

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.