Invesco S&P 500 Equal Weight Materials ETF
RSPM
90 hedge funds and large institutions have $142M invested in Invesco S&P 500 Equal Weight Materials ETF in 2024 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 21 increasing their positions, 39 reducing their positions, and 10 closing their positions.
40% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 10
5% more funds holding
Funds holding: 86 → 90 (+4)
2% more capital invested
Capital invested by funds: $140M → $142M (+$2.13M)
0.78% more ownership
Funds ownership: 47.76% → 48.54% (+0.78%)
46% less repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 39
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$3.55M |
| 2 |
CMP
Courage Miller Partners
Norfolk,
Virginia
|
+$1.93M |
| 3 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$1.42M |
| 4 |
Mirae Asset Global Investments
Seoul,
South Korea
|
+$1.22M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$501K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$5.74M |
| 2 |
OAM
Oppenheimer Asset Management
New York
|
-$5.13M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$1.81M |
| 4 |
KeyBank National Association
Cleveland,
Ohio
|
-$1.08M |
| 5 |
CWA
Capital Wealth Alliance
Scottsdale,
Arizona
|
-$497K |
RSPM Hedge Fund Activity: Q1 2024 in Review
90 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in Invesco S&P 500 Equal Weight Materials ETF (RSPM) for Q1 2024, worth a combined $142M — up 1.5% from $140M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new RSPM positions and 10 closed out — a net gain of 4 holders — while 21 added to existing stakes and 39 trimmed.
The largest buyer was Cetera Investment Advisers, opening a new position worth an estimated $3.55M. The largest seller was LPL Financial, cutting an estimated $5.74M.
- 90 institutional investors held Invesco S&P 500 Equal Weight Materials ETF (RSPM) as of Q1 2024, up from 86 in Q4 2023.
- Funds reported $142M of Invesco S&P 500 Equal Weight Materials ETF stock for Q1 2024, up 1.5% quarter-over-quarter.
- 14 funds opened new Invesco S&P 500 Equal Weight Materials ETF positions in Q1 2024 and 10 closed out, a net change of +4 holders.
- The largest Invesco S&P 500 Equal Weight Materials ETF buyer in Q1 2024 was Cetera Investment Advisers, an estimated $3.55M added.
- The largest Invesco S&P 500 Equal Weight Materials ETF seller in Q1 2024 was LPL Financial, an estimated $5.74M sold.
Based on aggregated 13F filings for Q1 2024.