Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) Position Lowered by Total Investment Management Inc.

Total Investment Management Inc. reduced its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 1.0% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 406,997 shares of the company’s stock after selling 4,150 shares during the period. Invesco S&P 500 Equal Weight ETF comprises approximately 8.2% of Total Investment Management Inc.’s portfolio, making the stock its 2nd largest position. Total Investment Management Inc. owned approximately 0.12% of Invesco S&P 500 Equal Weight ETF worth $72,918,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of RSP. Destination Wealth Management grew its position in shares of Invesco S&P 500 Equal Weight ETF by 5.1% in the 2nd quarter. Destination Wealth Management now owns 1,996 shares of the company’s stock valued at $328,000 after buying an additional 96 shares during the last quarter. Courage Miller Partners LLC boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 0.6% in the second quarter. Courage Miller Partners LLC now owns 46,896 shares of the company’s stock valued at $7,704,000 after acquiring an additional 273 shares during the period. Riversedge Advisors LLC increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 6.7% in the 3rd quarter. Riversedge Advisors LLC now owns 125,426 shares of the company’s stock valued at $22,471,000 after acquiring an additional 7,883 shares during the period. Blair William & Co. IL grew its holdings in shares of Invesco S&P 500 Equal Weight ETF by 13.2% during the first quarter. Blair William & Co. IL now owns 205,203 shares of the company’s stock worth $34,755,000 after buying an additional 23,957 shares during the last quarter. Finally, Brown Brothers Harriman & Co. raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 17.5% during the 2nd quarter. Brown Brothers Harriman & Co. now owns 40,260 shares of the company’s stock worth $6,614,000 after buying an additional 6,001 shares in the last quarter.

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

Shares of RSP opened at $184.75 on Tuesday. The firm’s 50-day moving average is $177.86 and its two-hundred day moving average is $170.74. Invesco S&P 500 Equal Weight ETF has a twelve month low of $140.06 and a twelve month high of $185.79. The firm has a market capitalization of $61.88 billion, a P/E ratio of 20.44 and a beta of 0.90.

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).