CENTRAL TRUST Co trimmed its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) by 6.1% during the 1st quarter, Holdings Channel reports. The institutional investor owned 453,756 shares of the company’s stock after selling 29,542 shares during the quarter. Invesco S&P 500 Equal Weight ETF makes up 1.7% of CENTRAL TRUST Co’s holdings, making the stock its 13th biggest holding. CENTRAL TRUST Co’s holdings in Invesco S&P 500 Equal Weight ETF were worth $87,085,000 at the end of the most recent reporting period.
A number of other institutional investors have also recently made changes to their positions in RSP. Dorato Capital Management bought a new stake in Invesco S&P 500 Equal Weight ETF during the fourth quarter worth approximately $26,000. NBZ Investment Advisors LLC bought a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 3rd quarter valued at approximately $26,000. Aviso Financial Inc. bought a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 3rd quarter valued at approximately $28,000. Nalls Sherbakoff Group LLC purchased a new position in shares of Invesco S&P 500 Equal Weight ETF in the 4th quarter worth approximately $29,000. Finally, Hurley Capital LLC boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 200.0% in the 4th quarter. Hurley Capital LLC now owns 177 shares of the company’s stock worth $34,000 after purchasing an additional 118 shares during the period. Institutional investors own 61.18% of the company’s stock.
Invesco S&P 500 Equal Weight ETF Stock Performance
NYSEARCA RSP opened at $208.89 on Wednesday. The business’s 50 day moving average price is $205.52 and its 200-day moving average price is $199.80. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $178.60 and a fifty-two week high of $214.30. The company has a market cap of $90.12 billion, a P/E ratio of 20.10 and a beta of 0.91.
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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