First Interstate Bank Boosts Stock Position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

First Interstate Bank increased its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 10.0% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 7,453 shares of the company’s stock after purchasing an additional 678 shares during the period. First Interstate Bank’s holdings in Invesco S&P 500 Equal Weight ETF were worth $1,176,000 as of its most recent SEC filing.

A number of other large investors also recently added to or reduced their stakes in the business. Morgan Stanley increased its position in shares of Invesco S&P 500 Equal Weight ETF by 12.8% during the 3rd quarter. Morgan Stanley now owns 18,941,150 shares of the company’s stock valued at $2,683,772,000 after purchasing an additional 2,153,993 shares during the last quarter. Moneta Group Investment Advisors LLC increased its position in shares of Invesco S&P 500 Equal Weight ETF by 104,839.6% during the 4th quarter. Moneta Group Investment Advisors LLC now owns 7,956,524 shares of the company’s stock valued at $1,123,859,000 after purchasing an additional 7,948,942 shares during the last quarter. Truist Financial Corp increased its position in shares of Invesco S&P 500 Equal Weight ETF by 1.5% during the 3rd quarter. Truist Financial Corp now owns 7,814,755 shares of the company’s stock valued at $1,107,273,000 after purchasing an additional 112,526 shares during the last quarter. UBS Group AG increased its position in shares of Invesco S&P 500 Equal Weight ETF by 17.4% during the 3rd quarter. UBS Group AG now owns 5,948,672 shares of the company’s stock valued at $842,867,000 after purchasing an additional 880,506 shares during the last quarter. Finally, Invesco Ltd. increased its position in shares of Invesco S&P 500 Equal Weight ETF by 15.6% during the 3rd quarter. Invesco Ltd. now owns 4,521,037 shares of the company’s stock valued at $640,586,000 after purchasing an additional 609,306 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of RSP stock traded down $0.89 during mid-day trading on Tuesday, hitting $159.69. The stock had a trading volume of 7,386,464 shares, compared to its average volume of 6,638,226. Invesco S&P 500 Equal Weight ETF has a 12-month low of $133.34 and a 12-month high of $169.80. The firm has a market capitalization of $54.22 billion, a P/E ratio of 20.43 and a beta of 0.93. The firm’s 50-day moving average is $163.75 and its two-hundred day moving average is $153.92.

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).