Bank of New York Mellon Corp Has $153.77 Million Stock Position in Invesco S&P 500 Equal Weight ETF $RSP

Bank of New York Mellon Corp lowered its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 29.0% in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 802,717 shares of the company’s stock after selling 327,931 shares during the period. Bank of New York Mellon Corp’s holdings in Invesco S&P 500 Equal Weight ETF were worth $153,769,000 as of its most recent filing with the SEC.

Other institutional investors also recently modified their holdings of the company. NBZ Investment Advisors LLC acquired a new position in shares of Invesco S&P 500 Equal Weight ETF during the 3rd quarter worth $26,000. Dorato Capital Management acquired a new position in shares of Invesco S&P 500 Equal Weight ETF during the 4th quarter worth $26,000. Aviso Financial Inc. acquired a new position in shares of Invesco S&P 500 Equal Weight ETF during the 3rd quarter worth $28,000. IMA Advisory Services Inc. acquired a new position in shares of Invesco S&P 500 Equal Weight ETF during the 3rd quarter worth $33,000. Finally, Goodman Advisory Group LLC acquired a new position in shares of Invesco S&P 500 Equal Weight ETF during the 3rd quarter worth $35,000. Institutional investors and hedge funds own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Stock Down 1.4%

Shares of RSP opened at $207.83 on Friday. Invesco S&P 500 Equal Weight ETF has a 12-month low of $175.98 and a 12-month high of $210.95. The business has a 50-day simple moving average of $201.54 and a two-hundred day simple moving average of $197.88. The stock has a market cap of $89.66 billion, a PE ratio of 20.10 and a beta of 0.91.

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.