Invesco S&P 500 Equal Weight ETF $RSP Stake Cut by Glen Eagle Advisors LLC

Glen Eagle Advisors LLC reduced its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 5.7% during the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 127,481 shares of the company’s stock after selling 7,724 shares during the period. Invesco S&P 500 Equal Weight ETF makes up 3.3% of Glen Eagle Advisors LLC’s investment portfolio, making the stock its 7th largest holding. Glen Eagle Advisors LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $24,420,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of RSP. Morgan Stanley grew its position in Invesco S&P 500 Equal Weight ETF by 7.9% during the 4th quarter. Morgan Stanley now owns 31,346,217 shares of the company’s stock worth $6,004,682,000 after purchasing an additional 2,285,526 shares during the last quarter. Varma Mutual Pension Insurance Co purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at about $327,184,000. Clal Insurance Enterprises Holdings Ltd purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at about $306,496,000. BW Gestao de Investimentos Ltda. purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at about $287,168,000. Finally, Northwestern Mutual Wealth Management Co. boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 3.8% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 26,252,217 shares of the company’s stock valued at $5,028,875,000 after acquiring an additional 959,176 shares in the last quarter. 61.18% of the stock is owned by hedge funds and other institutional investors.

Invesco S&P 500 Equal Weight ETF Stock Up 0.9%

Shares of NYSEARCA:RSP opened at $211.65 on Friday. The company has a market cap of $91.31 billion, a price-to-earnings ratio of 20.10 and a beta of 0.91. The firm’s 50-day simple moving average is $203.40 and its 200-day simple moving average is $198.74. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $175.98 and a fifty-two week high of $212.12.

Invesco S&P 500 Equal Weight ETF Company 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.