First Western Trust Bank Has $59.32 Million Holdings in Invesco S&P 500 Equal Weight ETF $RSP

First Western Trust Bank increased its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 3.9% during the second quarter, Holdings Channel.com reports. The fund owned 326,390 shares of the company’s stock after buying an additional 12,112 shares during the period. Invesco S&P 500 Equal Weight ETF makes up about 2.7% of First Western Trust Bank’s portfolio, making the stock its 5th biggest position. First Western Trust Bank’s holdings in Invesco S&P 500 Equal Weight ETF were worth $59,318,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the company. EagleClaw Capital Managment LLC raised its holdings in Invesco S&P 500 Equal Weight ETF by 6.5% during the 2nd quarter. EagleClaw Capital Managment LLC now owns 11,180 shares of the company’s stock worth $2,032,000 after purchasing an additional 680 shares during the last quarter. Charter Research & Investment Group Inc. increased its position in shares of Invesco S&P 500 Equal Weight ETF by 16.9% during the second quarter. Charter Research & Investment Group Inc. now owns 5,061 shares of the company’s stock worth $920,000 after buying an additional 733 shares during the period. PNC Financial Services Group Inc. raised its stake in Invesco S&P 500 Equal Weight ETF by 2.6% during the second quarter. PNC Financial Services Group Inc. now owns 472,132 shares of the company’s stock worth $85,805,000 after buying an additional 11,754 shares during the last quarter. Kelleher Financial Advisors lifted its holdings in Invesco S&P 500 Equal Weight ETF by 18.2% in the second quarter. Kelleher Financial Advisors now owns 21,645 shares of the company’s stock valued at $3,934,000 after buying an additional 3,338 shares during the period. Finally, Comprehensive Financial Planning Inc. PA lifted its holdings in Invesco S&P 500 Equal Weight ETF by 13.6% in the second quarter. Comprehensive Financial Planning Inc. PA now owns 4,158 shares of the company’s stock valued at $756,000 after buying an additional 497 shares during the period. Institutional investors and hedge funds own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Trading Up 0.2%

Shares of Invesco S&P 500 Equal Weight ETF stock opened at $190.18 on Thursday. The business has a 50-day moving average price of $188.86 and a two-hundred day moving average price of $183.71. Invesco S&P 500 Equal Weight ETF has a 1-year low of $150.35 and a 1-year high of $192.33. The company has a market cap of $73.56 billion, a P/E ratio of 20.10 and a beta of 0.99.

Invesco S&P 500 Equal Weight ETF 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).