Glenmede Trust Co. NA grew its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) by 6.0% in the 1st quarter, according to the company in its most recent filing with the SEC. The firm owned 519,598 shares of the company’s stock after buying an additional 29,552 shares during the quarter. Glenmede Trust Co. NA owned approximately 0.12% of Invesco S&P 500 Equal Weight ETF worth $99,721,000 at the end of the most recent quarter.
Other large investors have also recently made changes to their positions in the company. Summit Financial Wealth Advisors LLC increased its stake in shares of Invesco S&P 500 Equal Weight ETF by 40.2% during the first quarter. Summit Financial Wealth Advisors LLC now owns 4,783 shares of the company’s stock valued at $918,000 after buying an additional 1,371 shares during the period. WNY Asset Management LLC purchased a new stake in Invesco S&P 500 Equal Weight ETF in the first quarter worth $714,000. Independent Wealth Advisors LLC lifted its stake in Invesco S&P 500 Equal Weight ETF by 11.4% in the first quarter. Independent Wealth Advisors LLC now owns 8,359 shares of the company’s stock worth $1,604,000 after acquiring an additional 857 shares during the period. Segall Bryant & Hamill LLC bought a new stake in Invesco S&P 500 Equal Weight ETF in the first quarter valued at $12,154,000. Finally, Cadia Private Client LLC increased its position in Invesco S&P 500 Equal Weight ETF by 14.0% during the 1st quarter. Cadia Private Client LLC now owns 1,648 shares of the company’s stock valued at $316,000 after purchasing an additional 203 shares during the period. 61.18% of the stock is currently owned by institutional investors.
Invesco S&P 500 Equal Weight ETF Trading Down 0.2%
Shares of Invesco S&P 500 Equal Weight ETF stock opened at $215.01 on Friday. Invesco S&P 500 Equal Weight ETF has a 12-month low of $179.94 and a 12-month high of $218.11. The company has a market cap of $97.43 billion, a P/E ratio of 20.10 and a beta of 0.91. The company’s fifty day simple moving average is $211.72 and its two-hundred day simple moving average is $203.74.
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.
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