Invesco S&P 500 Equal Weight ETF $RSP Position Decreased by Glen Eagle Advisors LLC

Glen Eagle Advisors LLC decreased its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 5.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 127,481 shares of the company’s stock after selling 7,724 shares during the period. Invesco S&P 500 Equal Weight ETF comprises 3.3% of Glen Eagle Advisors LLC’s portfolio, making the stock its 7th largest holding. Glen Eagle Advisors LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $24,420,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in RSP. Healthcare of Ontario Pension Plan Trust Fund boosted its holdings in Invesco S&P 500 Equal Weight ETF by 13.1% during the fourth quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 2,460,000 shares of the company’s stock worth $471,238,000 after buying an additional 285,000 shares in the last quarter. Evelyn Partners Investment Management Europe Ltd boosted its holdings in Invesco S&P 500 Equal Weight ETF by 2.9% during the fourth quarter. Evelyn Partners Investment Management Europe Ltd now owns 8,949 shares of the company’s stock worth $1,714,000 after buying an additional 255 shares in the last quarter. Arax Advisory Partners purchased a new stake in Invesco S&P 500 Equal Weight ETF during the fourth quarter worth about $469,000. Arkos Global Advisors boosted its holdings in Invesco S&P 500 Equal Weight ETF by 14.4% during the fourth quarter. Arkos Global Advisors now owns 32,958 shares of the company’s stock worth $6,314,000 after buying an additional 4,152 shares in the last quarter. Finally, Biondo Investment Advisors LLC boosted its holdings in Invesco S&P 500 Equal Weight ETF by 3.7% during the fourth quarter. Biondo Investment Advisors LLC now owns 12,054 shares of the company’s stock worth $2,309,000 after buying an additional 434 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 Trading Up 0.9%

RSP stock opened at $211.65 on Friday. The company has a market cap of $91.31 billion, a P/E ratio of 20.10 and a beta of 0.91. Invesco S&P 500 Equal Weight ETF has a 52 week low of $175.98 and a 52 week high of $212.12. The company’s 50-day moving average price is $203.40 and its 200 day moving average price is $198.74.

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.