Invesco S&P 500 Equal Weight ETF $RSP Shares Sold by Members Trust Co

Members Trust Co trimmed its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 23.2% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 44,942 shares of the company’s stock after selling 13,572 shares during the period. Invesco S&P 500 Equal Weight ETF makes up about 0.3% of Members Trust Co’s holdings, making the stock its 21st biggest position. Members Trust Co’s holdings in Invesco S&P 500 Equal Weight ETF were worth $8,609,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Northwestern Mutual Wealth Management Co. increased its stake in shares of Invesco S&P 500 Equal Weight ETF by 2.6% during the third quarter. Northwestern Mutual Wealth Management Co. now owns 25,293,041 shares of the company’s stock worth $4,798,090,000 after acquiring an additional 635,369 shares during the period. Phoenix Financial Ltd. raised its holdings in Invesco S&P 500 Equal Weight ETF by 13.8% during the third quarter. Phoenix Financial Ltd. now owns 1,768,432 shares of the company’s stock worth $335,472,000 after purchasing an additional 214,432 shares in the last quarter. Cerity Partners LLC lifted its position in Invesco S&P 500 Equal Weight ETF by 3.2% in the third quarter. Cerity Partners LLC now owns 1,756,382 shares of the company’s stock valued at $333,186,000 after purchasing an additional 54,925 shares during the period. Lbmc Investment Advisors LLC lifted its position in Invesco S&P 500 Equal Weight ETF by 0.5% in the third quarter. Lbmc Investment Advisors LLC now owns 1,336,510 shares of the company’s stock valued at $253,536,000 after purchasing an additional 6,770 shares during the period. Finally, Focus Partners Wealth boosted its holdings in Invesco S&P 500 Equal Weight ETF by 13.2% in the 3rd quarter. Focus Partners Wealth now owns 1,297,134 shares of the company’s stock valued at $245,646,000 after purchasing an additional 150,899 shares in the last quarter. 61.18% of the stock is owned by institutional investors and hedge funds.

Invesco S&P 500 Equal Weight ETF Trading Up 2.0%

NYSEARCA RSP opened at $191.92 on Wednesday. The business’s 50 day moving average is $198.58 and its two-hundred day moving average is $193.51. Invesco S&P 500 Equal Weight ETF has a 12-month low of $150.35 and a 12-month high of $205.24. The stock has a market capitalization of $79.59 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). The Index utilizes quarterly rebalancing to maintain its equal-weight stance. Under normal circumstances, the Fund will invest at least 90% of its net assets, plus any borrowing for investment purposes, in the equity securities (and derivatives thereof) included in the Index.