Darrow Company Inc. Cuts Stock Holdings in Invesco S&P 500 Equal Weight ETF $RSP

Darrow Company Inc. reduced its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 0.9% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 28,546 shares of the company’s stock after selling 272 shares during the period. Invesco S&P 500 Equal Weight ETF makes up 2.6% of Darrow Company Inc.’s portfolio, making the stock its 17th largest holding. Darrow Company Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $5,188,000 as of its most recent filing with the SEC.

Other institutional investors have also recently made changes to their positions in the company. Nova Wealth Management Inc. bought a new position in Invesco S&P 500 Equal Weight ETF during the second quarter valued at approximately $25,000. Uniplan Investment Counsel Inc. bought a new position in shares of Invesco S&P 500 Equal Weight ETF during the 1st quarter valued at approximately $26,000. Richardson Capital Management LLC purchased a new position in shares of Invesco S&P 500 Equal Weight ETF in the first quarter valued at $30,000. Howe & Rusling Inc. grew its holdings in shares of Invesco S&P 500 Equal Weight ETF by 190.8% in the first quarter. Howe & Rusling Inc. now owns 189 shares of the company’s stock valued at $33,000 after purchasing an additional 124 shares in the last quarter. Finally, Olde Wealth Management LLC bought a new stake in Invesco S&P 500 Equal Weight ETF in the first quarter worth $37,000. Hedge funds and other institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Stock Up 1.0%

RSP stock opened at $189.89 on Tuesday. Invesco S&P 500 Equal Weight ETF has a 52 week low of $150.35 and a 52 week high of $192.30. The firm has a market capitalization of $73.40 billion, a P/E ratio of 20.10 and a beta of 1.05. The company has a fifty day simple moving average of $188.30 and a two-hundred day simple moving average of $180.49.

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).