Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) Position Decreased by Smith Shellnut Wilson LLC ADV

Smith Shellnut Wilson LLC ADV reduced its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 4.4% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,793 shares of the company’s stock after selling 174 shares during the quarter. Smith Shellnut Wilson LLC ADV’s holdings in Invesco S&P 500 Equal Weight ETF were worth $623,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in RSP. JPMorgan Chase & Co. raised its holdings in Invesco S&P 500 Equal Weight ETF by 48.9% during the 1st quarter. JPMorgan Chase & Co. now owns 7,094,524 shares of the company’s stock worth $1,201,600,000 after buying an additional 2,328,560 shares during the period. UBS Group AG grew its holdings in shares of Invesco S&P 500 Equal Weight ETF by 1.5% during the fourth quarter. UBS Group AG now owns 6,039,483 shares of the company’s stock valued at $953,030,000 after buying an additional 90,811 shares in the last quarter. Clal Insurance Enterprises Holdings Ltd acquired a new position in Invesco S&P 500 Equal Weight ETF during the fourth quarter valued at $860,010,000. Balyasny Asset Management L.P. purchased a new position in Invesco S&P 500 Equal Weight ETF during the 4th quarter valued at about $671,392,000. Finally, Cresset Asset Management LLC increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 7.0% in the 4th quarter. Cresset Asset Management LLC now owns 2,879,877 shares of the company’s stock valued at $454,445,000 after purchasing an additional 188,443 shares during the period.

Invesco S&P 500 Equal Weight ETF Price Performance

RSP traded up $0.08 on Tuesday, reaching $174.35. 3,426,130 shares of the company traded hands, compared to its average volume of 6,259,780. Invesco S&P 500 Equal Weight ETF has a 52-week low of $133.34 and a 52-week high of $175.38. The company has a market cap of $58.40 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90. The stock’s 50 day moving average price is $167.68 and its 200-day moving average price is $165.44.

Invesco S&P 500 Equal Weight ETF Company 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).