2,500 Invesco S&P 500 Equal Weight ETF $RSP Shares Sold by Bangor Savings Bank

Bangor Savings Bank trimmed its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 0.9% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 280,264 shares of the company’s stock after selling 2,500 shares during the period. Invesco S&P 500 Equal Weight ETF makes up about 4.4% of Bangor Savings Bank’s investment portfolio, making the stock its 6th largest holding. Bangor Savings Bank owned 0.06% of Invesco S&P 500 Equal Weight ETF worth $58,301,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of RSP. Bank of America Corp DE boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 16.4% during the first quarter. Bank of America Corp DE now owns 25,370,060 shares of the company’s stock valued at $4,869,022,000 after buying an additional 3,567,441 shares during the last quarter. BlueCrest Capital Management Ltd bought a new position in Invesco S&P 500 Equal Weight ETF during the 2nd quarter valued at about $400,736,000. Clal Insurance Enterprises Holdings Ltd bought a new position in Invesco S&P 500 Equal Weight ETF during the 4th quarter valued at about $306,496,000. State of Wisconsin Investment Board lifted its stake in Invesco S&P 500 Equal Weight ETF by 14.3% during the 4th quarter. State of Wisconsin Investment Board now owns 8,485,519 shares of the company’s stock valued at $1,625,486,000 after acquiring an additional 1,060,181 shares during the period. Finally, Eastern Bank purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 3rd quarter valued at about $155,449,000. Institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of RSP stock traded up $1.21 during trading hours on Tuesday, reaching $212.33. The company had a trading volume of 11,995,815 shares, compared to its average volume of 12,119,822. The business has a fifty day moving average price of $216.70 and a 200-day moving average price of $209.17. Invesco S&P 500 Equal Weight ETF has a one year low of $182.11 and a one year high of $223.43. The firm has a market cap of $97.37 billion, a PE ratio of 20.10 and a beta of 0.92.

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.