Jane Street Group LLC Purchases Shares of 22,004 Invesco S&P 500 Equal Weight Materials ETF (RTM)

Discussion in 'Wall St. News' started by dealmaker, Oct 22, 2018.

  1. dealmaker

    dealmaker

    Jane Street Group LLC Purchases Shares of 22,004 Invesco S&P 500 Equal Weight Materials ETF (RTM)
    Posted by Lisa Matthews on Oct 19th, 2018



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    [​IMG]Jane Street Group LLC bought a new position in Invesco S&P 500 Equal Weight Materials ETF (NYSEARCA:RTM) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 22,004 shares of the company’s stock, valued at approximately $2,378,000. Jane Street Group LLC owned about 1.42% of Invesco S&P 500 Equal Weight Materials ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

    A number of other large investors have also recently made changes to their positions in the business. Frontier Investment Mgmt Co. purchased a new position in Invesco S&P 500 Equal Weight Materials ETF in the second quarter worth about $15,412,000. Bank of America Corp DE purchased a new position in shares of Invesco S&P 500 Equal Weight Materials ETF during the 2nd quarter valued at about $9,830,000. Sharkey Howes & Javer purchased a new position in shares of Invesco S&P 500 Equal Weight Materials ETF during the 2nd quarter valued at about $9,715,000. Vestor Capital LLC lifted its position in shares of Invesco S&P 500 Equal Weight Materials ETF by 3.5% during the 1st quarter. Vestor Capital LLC now owns 61,875 shares of the company’s stock valued at $6,574,000 after buying an additional 2,071 shares in the last quarter. Finally, Pacific Sun Financial Corp purchased a new position in shares of Invesco S&P 500 Equal Weight Materials ETF during the 2nd quarter valued at about $1,792,000.

    https://www.fairfieldcurrent.com/20...f-rtm-purchased-by-jane-street-group-llc.html



    https://www.janestreet.com/
     
  2. 2rosy

    2rosy

    jane street is an etf market maker. 22k shares is about half whats needed to redeem.
     
    dealmaker likes this.
  3. This is worthy of a post? An institutional player buys $2MM worth of an index stock? Equal/greater play likely occurs 1,000 times per day.

    Pfffft!
     
    Last edited: Oct 23, 2018
  4. dealmaker

    dealmaker

    Except this ETF only averages 9k shares a day and they bought 22k...
     
  5. Yeah... but it's an "index fund"... one among many. That the player did "this one" should be of no significance to anyone.
     
    dealmaker likes this.