Invesco S&P 500 Equal Weight Materials ETF
RSPM
86 hedge funds and large institutions have $140M invested in Invesco S&P 500 Equal Weight Materials ETF in 2023 Q4 according to their latest regulatory filings, with 13 funds opening new positions, 19 increasing their positions, 35 reducing their positions, and 9 closing their positions.
44% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 9
2% more funds holding
Funds holding: 84 → 86 (+2)
3% more capital invested
Capital invested by funds: $136M → $140M (+$4.41M)
0.08% more ownership
Funds ownership: 47.67% → 47.76% (+0.08%)
46% less repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 35
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SWP
Stratos Wealth Partners
Beachwood,
Ohio
|
+$1.38M |
| 2 |
Goldman Sachs
New York
|
+$1.28M |
| 3 |
JP Morgan Chase
New York
|
+$1.05M |
| 4 |
KeyBank National Association
Cleveland,
Ohio
|
+$1.01M |
| 5 |
WSTAM
Wilbanks Smith & Thomas Asset Management
Norfolk,
Virginia
|
+$271K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAS
Avantax Advisory Services
Dallas,
Texas
|
-$2.2M |
| 2 |
FTUS
Flow Traders U.S.
New York
|
-$1.28M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$913K |
| 4 |
3F
360 Financial
Wayzata,
Minnesota
|
-$840K |
| 5 |
WAM
WNY Asset Management
Williamsville,
New York
|
-$624K |
RSPM Hedge Fund Activity: Q4 2023 in Review
86 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in Invesco S&P 500 Equal Weight Materials ETF (RSPM) for Q4 2023, worth a combined $140M — up 3.2% from $136M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new RSPM positions and 9 closed out — a net gain of 4 holders — while 19 added to existing stakes and 35 trimmed.
The largest buyer was Stratos Wealth Partners, opening a new position worth an estimated $1.38M. The largest seller was Avantax Advisory Services, cutting an estimated $2.2M.
- 86 institutional investors held Invesco S&P 500 Equal Weight Materials ETF (RSPM) as of Q4 2023, up from 84 in Q3 2023.
- Funds reported $140M of Invesco S&P 500 Equal Weight Materials ETF stock for Q4 2023, up 3.2% quarter-over-quarter.
- 13 funds opened new Invesco S&P 500 Equal Weight Materials ETF positions in Q4 2023 and 9 closed out, a net change of +4 holders.
- The largest Invesco S&P 500 Equal Weight Materials ETF buyer in Q4 2023 was Stratos Wealth Partners, an estimated $1.38M added.
- The largest Invesco S&P 500 Equal Weight Materials ETF seller in Q4 2023 was Avantax Advisory Services, an estimated $2.2M sold.
Based on aggregated 13F filings for Q4 2023.