Invesco S&P 500 Equal Weight ETF $RSP Shares Sold by Merrion Investment Management Co LLC

Merrion Investment Management Co LLC lessened its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 19.2% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,425 shares of the company’s stock after selling 575 shares during the period. Merrion Investment Management Co LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $441,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the company. Realta Investment Advisors raised its holdings in Invesco S&P 500 Equal Weight ETF by 15.5% in the 2nd quarter. Realta Investment Advisors now owns 410 shares of the company’s stock valued at $75,000 after acquiring an additional 55 shares during the last quarter. Battery Global Advisors LLC boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 0.5% during the first quarter. Battery Global Advisors LLC now owns 12,604 shares of the company’s stock worth $2,183,000 after purchasing an additional 60 shares during the last quarter. Signature Estate & Investment Advisors LLC grew its position in shares of Invesco S&P 500 Equal Weight ETF by 1.2% in the second quarter. Signature Estate & Investment Advisors LLC now owns 5,502 shares of the company’s stock valued at $1,000,000 after purchasing an additional 64 shares during the period. Ehrlich Financial Group increased its stake in Invesco S&P 500 Equal Weight ETF by 1.4% in the second quarter. Ehrlich Financial Group now owns 4,792 shares of the company’s stock valued at $871,000 after purchasing an additional 65 shares during the last quarter. Finally, Samalin Investment Counsel LLC increased its stake in Invesco S&P 500 Equal Weight ETF by 0.9% in the first quarter. Samalin Investment Counsel LLC now owns 7,478 shares of the company’s stock valued at $1,295,000 after purchasing an additional 67 shares during the last quarter. Hedge funds and other institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Trading Up 0.8%

NYSEARCA RSP opened at $187.56 on Friday. The business’s 50-day moving average price is $188.74 and its 200 day moving average price is $183.23. Invesco S&P 500 Equal Weight ETF has a twelve month low of $150.35 and a twelve month high of $192.33. The company has a market capitalization of $72.55 billion, a PE ratio of 20.10 and a beta of 0.99.

Invesco S&P 500 Equal Weight ETF Company 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).