Invesco S&P 500 Equal Weight ETF $RSP Shares Purchased by Trust Co of Tennessee

Trust Co of Tennessee lifted its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 1.8% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 717,617 shares of the company’s stock after buying an additional 12,703 shares during the period. Invesco S&P 500 Equal Weight ETF makes up 30.4% of Trust Co of Tennessee’s holdings, making the stock its biggest position. Trust Co of Tennessee owned 0.18% of Invesco S&P 500 Equal Weight ETF worth $130,415,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. Nova Wealth Management Inc. purchased a new position in Invesco S&P 500 Equal Weight ETF during the second quarter worth about $25,000. Uniplan Investment Counsel Inc. purchased a new position in Invesco S&P 500 Equal Weight ETF during the first quarter worth about $26,000. Richardson Capital Management LLC purchased a new position in Invesco S&P 500 Equal Weight ETF during the first quarter worth about $30,000. OLD Second National Bank of Aurora purchased a new position in Invesco S&P 500 Equal Weight ETF during the first quarter worth about $31,000. Finally, Howe & Rusling Inc. raised its stake in Invesco S&P 500 Equal Weight ETF by 190.8% during the first quarter. Howe & Rusling Inc. now owns 189 shares of the company’s stock worth $33,000 after purchasing an additional 124 shares during the period. 61.18% of the stock is owned by hedge funds and other institutional investors.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of RSP stock opened at $185.12 on Friday. The firm’s 50-day moving average is $187.69 and its two-hundred day moving average is $179.63. Invesco S&P 500 Equal Weight ETF has a 12 month low of $150.35 and a 12 month high of $192.30. The company has a market capitalization of $72.28 billion, a PE ratio of 20.10 and a beta of 1.05.

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).