Vectors Research Management LLC Has $22.89 Million Position in Invesco S&P 500 Equal Weight ETF $RSP

Vectors Research Management LLC lowered its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 17.4% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 120,649 shares of the company’s stock after selling 25,359 shares during the period. Invesco S&P 500 Equal Weight ETF accounts for about 7.2% of Vectors Research Management LLC’s investment portfolio, making the stock its biggest holding. Vectors Research Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $22,887,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. Northwestern Mutual Wealth Management Co. boosted its position in Invesco S&P 500 Equal Weight ETF by 4.7% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 24,657,672 shares of the company’s stock valued at $4,481,285,000 after purchasing an additional 1,103,629 shares in the last quarter. JPMorgan Chase & Co. lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 11.7% during the second quarter. JPMorgan Chase & Co. now owns 5,646,560 shares of the company’s stock valued at $1,026,206,000 after buying an additional 589,365 shares during the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 119.1% in the 2nd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 2,027,552 shares of the company’s stock valued at $368,487,000 after buying an additional 1,102,322 shares in the last quarter. Cerity Partners LLC boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 3.2% in the 3rd quarter. Cerity Partners LLC now owns 1,756,382 shares of the company’s stock valued at $333,186,000 after buying an additional 54,925 shares in the last quarter. Finally, Bank of New York Mellon Corp grew its position in shares of Invesco S&P 500 Equal Weight ETF by 0.3% in the 2nd quarter. Bank of New York Mellon Corp now owns 1,689,136 shares of the company’s stock worth $306,984,000 after buying an additional 4,350 shares during the last quarter. 61.18% of the stock is currently owned by hedge funds and other institutional investors.

Invesco S&P 500 Equal Weight ETF Stock Down 0.3%

NYSEARCA RSP opened at $199.05 on Friday. Invesco S&P 500 Equal Weight ETF has a 52 week low of $150.35 and a 52 week high of $200.10. The company has a 50 day moving average price of $191.98 and a 200 day moving average price of $188.82. The firm has a market cap of $80.05 billion, a PE 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). 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.