Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) Shares Bought by Atlantic Union Bankshares Corp

Atlantic Union Bankshares Corp lifted its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 47.3% during the 1st quarter, HoldingsChannel reports. The firm owned 2,932 shares of the company’s stock after purchasing an additional 941 shares during the quarter. Atlantic Union Bankshares Corp’s holdings in Invesco S&P 500 Equal Weight ETF were worth $497,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Morgan Stanley grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 12.8% in the 3rd quarter. Morgan Stanley now owns 18,941,150 shares of the company’s stock valued at $2,683,772,000 after buying an additional 2,153,993 shares during the period. Truist Financial Corp increased its stake in Invesco S&P 500 Equal Weight ETF by 1.5% during the third quarter. Truist Financial Corp now owns 7,814,755 shares of the company’s stock worth $1,107,273,000 after acquiring an additional 112,526 shares during the last quarter. UBS Group AG raised its position in Invesco S&P 500 Equal Weight ETF by 1.5% in the fourth quarter. UBS Group AG now owns 6,039,483 shares of the company’s stock valued at $953,030,000 after purchasing an additional 90,811 shares during the period. Clal Insurance Enterprises Holdings Ltd acquired a new position in shares of Invesco S&P 500 Equal Weight ETF in the 4th quarter valued at $860,010,000. Finally, Balyasny Asset Management L.P. acquired a new position in shares of Invesco S&P 500 Equal Weight ETF in the 4th quarter valued at $671,392,000.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of NYSEARCA RSP traded up $0.15 during mid-day trading on Friday, reaching $164.31. 4,760,986 shares of the company’s stock were exchanged, compared to its average volume of 6,062,520. The firm has a market capitalization of $55.03 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a 52-week low of $133.34 and a 52-week high of $169.80. The company’s 50-day moving average is $164.71 and its 200-day moving average is $161.97.

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).