4,904 Invesco S&P 500 Equal Weight ETF $RSP Shares Sold by Fifth Third Bancorp

Fifth Third Bancorp trimmed its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 1.0% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 468,071 shares of the company’s stock after selling 4,904 shares during the quarter. Fifth Third Bancorp owned 0.10% of Invesco S&P 500 Equal Weight ETF worth $97,368,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in RSP. Highland Investment Advisors LLC purchased a new position in Invesco S&P 500 Equal Weight ETF during the second quarter worth about $26,000. Brandywine Financial Group grew its position in Invesco S&P 500 Equal Weight ETF by 636.8% in the 2nd quarter. Brandywine Financial Group now owns 140 shares of the company’s stock worth $30,000 after purchasing an additional 121 shares in the last quarter. Valley National Advisers Inc. bought a new stake in Invesco S&P 500 Equal Weight ETF in the 3rd quarter worth about $31,000. Rogco LP bought a new stake in Invesco S&P 500 Equal Weight ETF in the 2nd quarter worth about $34,000. Finally, Asset Dedication LLC bought a new stake in Invesco S&P 500 Equal Weight ETF in the 1st quarter worth about $36,000. Institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Stock Performance

NYSEARCA:RSP opened at $220.72 on Friday. The firm has a market cap of $104.14 billion, a price-to-earnings ratio of 20.90 and a beta of 0.91. Invesco S&P 500 Equal Weight ETF has a 52 week low of $182.11 and a 52 week high of $224.20. The firm has a 50-day moving average price of $214.96 and a two-hundred day moving average price of $208.71.

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.