Invesco S&P 500 Equal Weight ETF $RSP Shares Sold by Citizens Financial Group Inc. RI

Citizens Financial Group Inc. RI trimmed its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 14.0% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 53,002 shares of the company’s stock after selling 8,647 shares during the period. Citizens Financial Group Inc. RI’s holdings in Invesco S&P 500 Equal Weight ETF were worth $10,054,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently modified their holdings of the business. Realta Investment Advisors lifted its holdings in Invesco S&P 500 Equal Weight ETF by 15.5% in the second quarter. Realta Investment Advisors now owns 410 shares of the company’s stock valued at $75,000 after acquiring an additional 55 shares during the period. Fusion Capital LLC increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 2.2% in the 2nd quarter. Fusion Capital LLC now owns 2,564 shares of the company’s stock valued at $466,000 after purchasing an additional 56 shares in the last quarter. Burns J W & Co. Inc. NY lifted its stake in shares of Invesco S&P 500 Equal Weight ETF by 0.4% in the third quarter. Burns J W & Co. Inc. NY now owns 13,281 shares of the company’s stock valued at $2,519,000 after purchasing an additional 57 shares during the period. Signature Estate & Investment Advisors LLC boosted its holdings in Invesco S&P 500 Equal Weight ETF by 1.2% during the second quarter. Signature Estate & Investment Advisors LLC now owns 5,502 shares of the company’s stock worth $1,000,000 after buying an additional 64 shares in the last quarter. Finally, Ehrlich Financial Group grew its position in Invesco S&P 500 Equal Weight ETF by 1.4% during the second quarter. Ehrlich Financial Group now owns 4,792 shares of the company’s stock worth $871,000 after buying an additional 65 shares during the period. 61.18% of the stock is currently owned by hedge funds and other institutional investors.

Invesco S&P 500 Equal Weight ETF Trading Up 0.1%

Shares of Invesco S&P 500 Equal Weight ETF stock opened at $197.78 on Tuesday. The company has a 50-day moving average of $191.03 and a two-hundred day moving average of $188.44. Invesco S&P 500 Equal Weight ETF has a 12-month low of $150.35 and a 12-month high of $198.07. The stock has a market cap of $78.04 billion, a PE ratio of 20.10 and a beta of 0.99.

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.