Invesco S&P 500 Equal Weight ETF $RSP Shares Sold by Merrion Investment Management Co LLC

Merrion Investment Management Co LLC trimmed its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 19.2% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 2,425 shares of the company’s stock after selling 575 shares during the quarter. Merrion Investment Management Co LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $441,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Nova Wealth Management Inc. purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 2nd quarter worth about $25,000. Uniplan Investment Counsel Inc. purchased a new position in Invesco S&P 500 Equal Weight ETF during the 1st quarter valued at about $26,000. Howe & Rusling Inc. raised its position in Invesco S&P 500 Equal Weight ETF by 190.8% during the first quarter. Howe & Rusling Inc. now owns 189 shares of the company’s stock worth $33,000 after acquiring an additional 124 shares during the last quarter. GoalVest Advisory LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF in the second quarter valued at about $34,000. Finally, Hanson & Doremus Investment Management lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 30.5% in the second quarter. Hanson & Doremus Investment Management now owns 308 shares of the company’s stock valued at $56,000 after purchasing an additional 72 shares in the last quarter. Institutional investors and hedge funds own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of RSP opened at $187.56 on Friday. The firm has a 50 day simple moving average of $188.74 and a 200-day simple moving average of $183.23. Invesco S&P 500 Equal Weight ETF has a 1-year low of $150.35 and a 1-year high of $192.33. The stock has a market cap of $72.55 billion, a price-to-earnings ratio of 20.10 and a beta of 0.99.

Invesco S&P 500 Equal Weight ETF Profile

Guggenheim S&P 500 Equal Weight ETF, formerly Rydex S&P 500 Equal Weight ETF, seeks to replicate as closely as possible, the daily performance of the S&P 500 Equal Weight Index (the Index). The Index is a capitalization-weighted index covering 500 industrial, utility, transportation and financial companies of the United States markets (mostly NYSE Euronext issues).