Crews Bank & Trust Makes New $13.25 Million Investment in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Crews Bank & Trust purchased a new stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 75,604 shares of the company’s stock, valued at approximately $13,248,000. Invesco S&P 500 Equal Weight ETF accounts for approximately 2.2% of Crews Bank & Trust’s holdings, making the stock its 12th biggest holding.

Several other institutional investors and hedge funds also recently made changes to their positions in RSP. Sandy Cove Advisors LLC acquired a new position in Invesco S&P 500 Equal Weight ETF in the 4th quarter worth $222,000. Riversedge Advisors LLC lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 6.7% in the third quarter. Riversedge Advisors LLC now owns 125,426 shares of the company’s stock valued at $22,471,000 after purchasing an additional 7,883 shares in the last quarter. Blue Trust Inc. boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 39.6% during the third quarter. Blue Trust Inc. now owns 610 shares of the company’s stock worth $100,000 after buying an additional 173 shares during the period. Brightwater Advisory LLC bought a new position in shares of Invesco S&P 500 Equal Weight ETF during the second quarter worth about $3,227,000. Finally, Montis Financial LLC raised its position in Invesco S&P 500 Equal Weight ETF by 61.3% in the 3rd quarter. Montis Financial LLC now owns 55,774 shares of the company’s stock valued at $9,992,000 after buying an additional 21,202 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Down 0.3 %

NYSEARCA:RSP opened at $180.81 on Thursday. Invesco S&P 500 Equal Weight ETF has a twelve month low of $155.79 and a twelve month high of $188.16. The company has a market cap of $60.56 billion, a P/E ratio of 20.44 and a beta of 0.90. The business has a 50 day moving average price of $180.41 and a two-hundred day moving average price of $176.94.

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).