Fiduciary Trust Co Has $122.46 Million Stock Position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Fiduciary Trust Co lessened its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 20.9% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 683,541 shares of the company’s stock after selling 180,983 shares during the quarter. Invesco S&P 500 Equal Weight ETF makes up 1.7% of Fiduciary Trust Co’s holdings, making the stock its 11th biggest position. Fiduciary Trust Co owned about 0.20% of Invesco S&P 500 Equal Weight ETF worth $122,463,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in RSP. Eastern Bank bought a new position in Invesco S&P 500 Equal Weight ETF during the third quarter worth $28,000. GHP Investment Advisors Inc. raised its holdings in Invesco S&P 500 Equal Weight ETF by 79.1% in the 3rd quarter. GHP Investment Advisors Inc. now owns 163 shares of the company’s stock valued at $29,000 after acquiring an additional 72 shares during the period. Truvestments Capital LLC acquired a new stake in Invesco S&P 500 Equal Weight ETF during the third quarter worth approximately $29,000. Richardson Financial Services Inc. boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 100.0% during the third quarter. Richardson Financial Services Inc. now owns 166 shares of the company’s stock worth $29,000 after acquiring an additional 83 shares during the period. Finally, Bristlecone Advisors LLC bought a new position in shares of Invesco S&P 500 Equal Weight ETF during the third quarter worth approximately $33,000.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of Invesco S&P 500 Equal Weight ETF stock opened at $187.06 on Thursday. Invesco S&P 500 Equal Weight ETF has a 52-week low of $146.09 and a 52-week high of $188.09. The firm has a 50-day moving average of $180.31 and a 200-day moving average of $172.41. The stock has a market cap of $62.65 billion, a PE ratio of 20.44 and a beta of 0.90.

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).