Equitable Trust Co. Sells 2,465 Shares of Invesco S&P 500 Equal Weight ETF $RSP

Equitable Trust Co. cut its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 2.1% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 116,769 shares of the company’s stock after selling 2,465 shares during the period. Invesco S&P 500 Equal Weight ETF comprises approximately 1.0% of Equitable Trust Co.’s portfolio, making the stock its 20th biggest holding. Equitable Trust Co.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $22,410,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of RSP. Dorato Capital Management bought a new stake in Invesco S&P 500 Equal Weight ETF during the fourth quarter worth $26,000. Nalls Sherbakoff Group LLC bought a new position in Invesco S&P 500 Equal Weight ETF in the 4th quarter valued at $29,000. Hurley Capital LLC grew its stake in Invesco S&P 500 Equal Weight ETF by 200.0% in the 4th quarter. Hurley Capital LLC now owns 177 shares of the company’s stock valued at $34,000 after purchasing an additional 118 shares during the period. Basepoint Wealth LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 4th quarter valued at $40,000. Finally, Raleigh Capital Management Inc. purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 1st quarter valued at $42,000. 61.18% of the stock is owned by institutional investors.

Invesco S&P 500 Equal Weight ETF Price Performance

NYSEARCA RSP opened at $213.50 on Friday. The stock has a market capitalization of $95.28 billion, a price-to-earnings ratio of 20.10 and a beta of 0.91. Invesco S&P 500 Equal Weight ETF has a one year low of $179.94 and a one year high of $216.37. The business’s fifty day moving average is $208.30 and its 200-day moving average is $201.55.

Invesco S&P 500 Equal Weight ETF 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.