Invesco S&P 500 Equal Weight Materials ETF
RSPM
60 hedge funds and large institutions have $208M invested in Invesco S&P 500 Equal Weight Materials ETF in 2021 Q1 according to their latest regulatory filings, with 18 funds opening new positions, 20 increasing their positions, 14 reducing their positions, and 13 closing their positions.
43% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 14
38% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 13
24% more capital invested
Capital invested by funds: $169M → $208M (+$39.7M)
9% more funds holding
Funds holding: 55 → 60 (+5)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
27.26% less ownership
Funds ownership: 190.25% → 162.99% (-27%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAS
Avantax Advisory Services
Dallas,
Texas
|
+$7.35M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$6.56M |
| 3 |
MML Investors Services
Springfield,
Massachusetts
|
+$2.71M |
| 4 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$2.1M |
| 5 |
WSTAM
Wilbanks Smith & Thomas Asset Management
Norfolk,
Virginia
|
+$1.61M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FHC
First Heartland Consultants
Lake St. Louis,
Missouri
|
-$5.21M |
| 2 |
FMC
Financial Management Concepts
Winter Springs,
Florida
|
-$2.74M |
| 3 |
Goldman Sachs
New York
|
-$1.15M |
| 4 |
AP
Advisors Preferred
Rockville,
Maryland
|
-$787K |
| 5 |
GWM
Geneos Wealth Management
Englewood,
Colorado
|
-$724K |
RSPM Hedge Fund Activity: Q1 2021 in Review
60 of the 5,711 institutional investors tracked by Wall St. Rank reported a position in Invesco S&P 500 Equal Weight Materials ETF (RSPM) for Q1 2021, worth a combined $208M — up 24% from $169M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new RSPM positions and 13 closed out — a net gain of 5 holders — while 20 added to existing stakes and 14 trimmed.
The largest buyer was Avantax Advisory Services, opening a new position worth an estimated $7.35M. The largest seller was First Heartland Consultants, exiting entirely with an estimated $5.21M sold.
- 60 institutional investors held Invesco S&P 500 Equal Weight Materials ETF (RSPM) as of Q1 2021, up from 55 in Q4 2020.
- Funds reported $208M of Invesco S&P 500 Equal Weight Materials ETF stock for Q1 2021, up 24% quarter-over-quarter.
- 18 funds opened new Invesco S&P 500 Equal Weight Materials ETF positions in Q1 2021 and 13 closed out, a net change of +5 holders.
- The largest Invesco S&P 500 Equal Weight Materials ETF buyer in Q1 2021 was Avantax Advisory Services, an estimated $7.35M added.
- The largest Invesco S&P 500 Equal Weight Materials ETF seller in Q1 2021 was First Heartland Consultants, an estimated $5.21M sold.
Based on aggregated 13F filings for Q1 2021.