Invesco S&P 500 Equal Weight Materials ETF
RSPM
84 hedge funds and large institutions have $131M invested in Invesco S&P 500 Equal Weight Materials ETF in 2024 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 25 increasing their positions, 31 reducing their positions, and 10 closing their positions.
0.9% less ownership
Funds ownership: 48.54% → 47.64% (-0.9%)
7% less funds holding
Funds holding: 90 → 84 (-6)
8% less capital invested
Capital invested by funds: $142M → $131M (-$11.1M)
19% less repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 31
30% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 10
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VWM
Valley Wealth Managers
Paramus,
New Jersey
|
+$4.33M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
+$4.23M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.11M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$292K |
| 5 |
CA
Clearstead Advisors
Cleveland,
Ohio
|
+$288K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MIM
Miller Investment Management
West Conshohocken,
Pennsylvania
|
-$4.36M |
| 2 |
CMP
Courage Miller Partners
Norfolk,
Virginia
|
-$2.1M |
| 3 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$1.54M |
| 4 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
-$870K |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
-$478K |
RSPM Hedge Fund Activity: Q2 2024 in Review
84 of the 6,935 institutional investors tracked by Wall St. Rank reported a position in Invesco S&P 500 Equal Weight Materials ETF (RSPM) for Q2 2024, worth a combined $131M — down 7.8% from $142M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of RSPM and 7 opened new positions — a net loss of 3 holders — while 31 trimmed existing stakes and 25 added.
The largest buyer was Valley Wealth Managers, opening a new position worth an estimated $4.33M. The largest seller was Miller Investment Management, exiting entirely with an estimated $4.36M sold.
- 84 institutional investors held Invesco S&P 500 Equal Weight Materials ETF (RSPM) as of Q2 2024, down from 90 in Q1 2024.
- Funds reported $131M of Invesco S&P 500 Equal Weight Materials ETF stock for Q2 2024, down 7.8% quarter-over-quarter.
- 7 funds opened new Invesco S&P 500 Equal Weight Materials ETF positions in Q2 2024 and 10 closed out, a net change of -3 holders.
- The largest Invesco S&P 500 Equal Weight Materials ETF buyer in Q2 2024 was Valley Wealth Managers, an estimated $4.33M added.
- The largest Invesco S&P 500 Equal Weight Materials ETF seller in Q2 2024 was Miller Investment Management, an estimated $4.36M sold.
Based on aggregated 13F filings for Q2 2024.