Comprehensive Financial Consultants Institutional Inc. Makes New $2.94 Million Investment in Invesco S&P 500 Equal Weight ETF $RSP

Comprehensive Financial Consultants Institutional Inc. purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 14,130 shares of the company’s stock, valued at approximately $2,939,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in RSP. Bank of America Corp DE raised its position in shares of Invesco S&P 500 Equal Weight ETF by 16.4% in the first 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. Invesco Ltd. boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 4.6% during the 4th quarter. Invesco Ltd. now owns 10,144,784 shares of the company’s stock worth $1,943,335,000 after acquiring an additional 444,846 shares in the last quarter. BlueCrest Capital Management Ltd purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 2nd quarter worth about $400,736,000. Clal Insurance Enterprises Holdings Ltd boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 3.7% during the 1st quarter. Clal Insurance Enterprises Holdings Ltd now owns 1,660,000 shares of the company’s stock worth $318,587,000 after acquiring an additional 60,000 shares in the last quarter. Finally, Rockefeller Capital Management L.P. grew its position in shares of Invesco S&P 500 Equal Weight ETF by 8.2% during the 4th quarter. Rockefeller Capital Management L.P. now owns 1,434,548 shares of the company’s stock valued at $274,802,000 after acquiring an additional 108,552 shares during the period. Hedge funds and other institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Stock Up 1.4%

NYSEARCA:RSP opened at $215.00 on Friday. Invesco S&P 500 Equal Weight ETF has a 52 week low of $182.11 and a 52 week high of $223.43. The stock has a market capitalization of $98.68 billion, a PE ratio of 20.10 and a beta of 0.92. The stock’s 50-day moving average price is $215.93 and its 200-day moving average price is $210.35.

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.