Invesco S&P 500 Equal Weight ETF $RSP Holdings Trimmed by Banco Santander S.A.

Banco Santander S.A. trimmed its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 5.8% during the 4th quarter, HoldingsChannel reports. The firm owned 220,609 shares of the company’s stock after selling 13,554 shares during the quarter. Banco Santander S.A.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $42,260,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in RSP. Brookstone Capital Management grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 2.5% in the 4th quarter. Brookstone Capital Management now owns 269,874 shares of the company’s stock valued at $51,697,000 after buying an additional 6,481 shares in the last quarter. Banta Asset Management LP bought a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 4th quarter valued at approximately $1,654,000. Allen Investment Management LLC grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 32.8% in the 4th quarter. Allen Investment Management LLC now owns 142,450 shares of the company’s stock valued at $27,286,000 after buying an additional 35,220 shares in the last quarter. Empirical Asset Management LLC grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 417.0% in the 3rd quarter. Empirical Asset Management LLC now owns 11,544 shares of the company’s stock valued at $2,190,000 after buying an additional 9,311 shares in the last quarter. Finally, Ballast Inc. grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 3.5% in the 3rd quarter. Ballast Inc. now owns 91,721 shares of the company’s stock valued at $17,399,000 after buying an additional 3,118 shares in the last quarter. 61.18% of the stock is currently owned by hedge funds and other institutional investors.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of NYSEARCA RSP opened at $211.65 on Friday. The stock has a market cap of $91.31 billion, a price-to-earnings ratio of 20.10 and a beta of 0.91. The business has a 50 day simple moving average of $203.40 and a 200 day simple moving average of $198.74. Invesco S&P 500 Equal Weight ETF has a 52 week low of $175.98 and a 52 week high of $212.12.

About Invesco S&P 500 Equal Weight ETF

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.