Invesco S&P 500 Equal Weight ETF $RSP Stock Position Lessened by Bank of New York Mellon Corp

Bank of New York Mellon Corp trimmed its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 3.0% during the first quarter, Holdings Channel.com reports. The firm owned 778,315 shares of the company’s stock after selling 24,402 shares during the quarter. Bank of New York Mellon Corp’s holdings in Invesco S&P 500 Equal Weight ETF were worth $149,374,000 as of its most recent filing with the SEC.

Other institutional investors have also bought and sold shares of the company. Brighton Jones LLC increased its stake in shares of Invesco S&P 500 Equal Weight ETF by 3.4% during the fourth quarter. Brighton Jones LLC now owns 7,516 shares of the company’s stock valued at $1,317,000 after acquiring an additional 246 shares during the period. Heck Capital Advisors LLC bought a new position in Invesco S&P 500 Equal Weight ETF during the 4th quarter valued at $83,931,000. Bison Wealth LLC increased its position in shares of Invesco S&P 500 Equal Weight ETF by 25.8% during the 4th quarter. Bison Wealth LLC now owns 20,957 shares of the company’s stock valued at $3,672,000 after purchasing an additional 4,295 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC bought a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 1st quarter worth $11,553,000. Finally, Gamco Investors INC. ET AL acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF in the second quarter valued at $279,000. Institutional investors and hedge funds own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of RSP opened at $213.37 on Monday. The firm’s 50 day moving average is $209.58 and its 200-day moving average is $202.41. The stock has a market capitalization of $95.81 billion, a P/E ratio of 20.10 and a beta of 0.91. Invesco S&P 500 Equal Weight ETF has a 12-month low of $179.94 and a 12-month high of $216.37.

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.