Donaldson Capital Management LLC Sells 1,687 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Donaldson Capital Management LLC lessened its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 37.0% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,870 shares of the company’s stock after selling 1,687 shares during the quarter. Donaldson Capital Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $486,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the business. Clal Insurance Enterprises Holdings Ltd acquired a new stake in Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at $860,010,000. Balyasny Asset Management L.P. acquired a new position in Invesco S&P 500 Equal Weight ETF during the fourth quarter worth approximately $671,392,000. Morgan Stanley raised its stake in Invesco S&P 500 Equal Weight ETF by 12.8% in the third quarter. Morgan Stanley now owns 18,941,150 shares of the company’s stock valued at $2,683,772,000 after buying an additional 2,153,993 shares during the period. Global Assets Advisory LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF in the first quarter valued at approximately $284,337,000. Finally, Bank of New York Mellon Corp boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 70.7% during the 3rd quarter. Bank of New York Mellon Corp now owns 3,732,901 shares of the company’s stock worth $528,915,000 after acquiring an additional 1,545,894 shares during the period.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of RSP stock traded up $0.08 during midday trading on Friday, hitting $162.43. 5,649,491 shares of the company were exchanged, compared to its average volume of 6,594,313. The firm has a market capitalization of $55.15 billion, a P/E ratio of 20.43 and a beta of 0.93. Invesco S&P 500 Equal Weight ETF has a 52 week low of $133.34 and a 52 week high of $169.80. The firm’s 50 day moving average price is $164.11 and its two-hundred day moving average price is $155.04.

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).