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

Trust Co of Tennessee boosted its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 2.4% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 797,760 shares of the company’s stock after buying an additional 18,986 shares during the period. Invesco S&P 500 Equal Weight ETF makes up approximately 30.4% of Trust Co of Tennessee’s portfolio, making the stock its biggest position. Trust Co of Tennessee’s holdings in Invesco S&P 500 Equal Weight ETF were worth $152,812,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in RSP. Northwestern Mutual Wealth Management Co. raised its position in shares of Invesco S&P 500 Equal Weight ETF by 2.6% during the third quarter. Northwestern Mutual Wealth Management Co. now owns 25,293,041 shares of the company’s stock worth $4,798,090,000 after purchasing an additional 635,369 shares during the period. Phoenix Financial Ltd. increased its stake in Invesco S&P 500 Equal Weight ETF by 13.8% during the 3rd quarter. Phoenix Financial Ltd. now owns 1,768,432 shares of the company’s stock valued at $335,472,000 after purchasing an additional 214,432 shares in the last quarter. Cerity Partners LLC raised its holdings in Invesco S&P 500 Equal Weight ETF by 3.2% during the third quarter. Cerity Partners LLC now owns 1,756,382 shares of the company’s stock worth $333,186,000 after buying an additional 54,925 shares during the last quarter. Focus Partners Wealth raised its holdings in Invesco S&P 500 Equal Weight ETF by 13.2% during the third quarter. Focus Partners Wealth now owns 1,297,134 shares of the company’s stock worth $245,646,000 after buying an additional 150,899 shares during the last quarter. Finally, First Interstate Bank lifted its stake in shares of Invesco S&P 500 Equal Weight ETF by 1.1% in the fourth quarter. First Interstate Bank now owns 756,370 shares of the company’s stock valued at $144,890,000 after buying an additional 7,920 shares in the last quarter. 61.18% of the stock is owned by institutional investors and hedge funds.

Invesco S&P 500 Equal Weight ETF Price Performance

NYSEARCA:RSP opened at $200.41 on Thursday. Invesco S&P 500 Equal Weight ETF has a one year low of $165.39 and a one year high of $205.24. The company has a market cap of $86.48 billion, a PE ratio of 20.10 and a beta of 0.94. The firm has a 50-day moving average of $197.90 and a 200-day moving average of $194.92.

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). 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.