This article first appeared on GuruFocus.
Invesco S&P 500 Equal Weight ETF (RSP) recorded net buying of $421.4 million in Wednesday's session, with gross ETF activity of $421.4 million and no shares sold. The $101.28 billion fund increased 498 positions and decreased none, leaving its portfolio broadly higher across the board.
What did RSP buy on Wednesday?
Its largest buys by dollar value were MRNA ($1.3 million), PTC ($1.3 million) and GS ($1.2 million).
| Stock | Shares changed | Value | Position |
|---|---|---|---|
| Moderna Inc ( | +6,272 | $1.3M | 0.31% of fund |
| PTC Inc ( | +6,468 | $1.3M | 0.30% of fund |
| Goldman Sachs Group Inc/The ( | +1,304 | $1.2M | 0.18% of fund |
| Everpure Inc ( | +8,624 | $1.2M | 0.28% of fund |
| Illumina Inc ( | +4,116 | $1.2M | 0.28% of fund |
The largest buys were modest top-ups rather than new commitments: Moderna Inc rose by 6,272 shares to $1.3 million, PTC Inc by 6,468 shares to $1.3 million, Goldman Sachs Group Inc/The by 1,304 shares to $1.2 million, Everpure Inc by 8,624 shares to $1.2 million and Illumina Inc by 4,116 shares to $1.2 million. None of the five was a new position, and the fund exited no holdings during the session.
How ...