Bank of Montreal Can Lowers Position in Invesco S&P 500 Equal Weight ETF $RSP

Bank of Montreal Can lessened its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 5.5% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 228,450 shares of the company’s stock after selling 13,244 shares during the quarter. Bank of Montreal Can owned approximately 0.06% of Invesco S&P 500 Equal Weight ETF worth $41,518,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in RSP. Nova Wealth Management Inc. bought a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 2nd quarter worth approximately $25,000. Uniplan Investment Counsel Inc. bought a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 1st quarter worth approximately $26,000. Howe & Rusling Inc. boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 190.8% in the 1st quarter. Howe & Rusling Inc. now owns 189 shares of the company’s stock worth $33,000 after purchasing an additional 124 shares in the last quarter. GoalVest Advisory LLC bought a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 2nd quarter worth approximately $34,000. Finally, Hanson & Doremus Investment Management boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 30.5% in the 2nd quarter. Hanson & Doremus Investment Management now owns 308 shares of the company’s stock worth $56,000 after purchasing an additional 72 shares in the last quarter. Hedge funds and other institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Stock Up 0.6%

Shares of RSP opened at $187.32 on Thursday. The business’s 50 day moving average price is $188.82 and its 200-day moving average price is $182.88. Invesco S&P 500 Equal Weight ETF has a 52 week low of $150.35 and a 52 week high of $192.33. The stock has a market cap of $72.46 billion, a P/E ratio of 20.10 and a beta of 0.99.

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).