Migdal Insurance & Financial Holdings Ltd. Trims Stock Holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Migdal Insurance & Financial Holdings Ltd. decreased its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 5.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,349 shares of the company’s stock after selling 332 shares during the quarter. Migdal Insurance & Financial Holdings Ltd.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $937,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of RSP. Alpha Financial Partners LLC increased its position in Invesco S&P 500 Equal Weight ETF by 42.3% in the third quarter. Alpha Financial Partners LLC now owns 5,049 shares of the company’s stock worth $905,000 after buying an additional 1,502 shares in the last quarter. UMB Bank n.a. grew its position in shares of Invesco S&P 500 Equal Weight ETF by 46.9% during the third quarter. UMB Bank n.a. now owns 8,884 shares of the company’s stock worth $1,592,000 after purchasing an additional 2,835 shares in the last quarter. Quotient Wealth Partners LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF during the third quarter worth about $258,000. Pinnacle Bancorp Inc. grew its position in shares of Invesco S&P 500 Equal Weight ETF by 4.3% during the third quarter. Pinnacle Bancorp Inc. now owns 1,968 shares of the company’s stock worth $353,000 after purchasing an additional 81 shares in the last quarter. Finally, Beaumont Financial Advisors LLC grew its position in shares of Invesco S&P 500 Equal Weight ETF by 7.3% during the third quarter. Beaumont Financial Advisors LLC now owns 1,808 shares of the company’s stock worth $324,000 after purchasing an additional 123 shares in the last quarter.

Invesco S&P 500 Equal Weight ETF Trading Down 0.5 %

NYSEARCA:RSP opened at $180.22 on Friday. Invesco S&P 500 Equal Weight ETF has a 12-month low of $156.16 and a 12-month high of $188.16. The stock has a 50-day moving average price of $179.77 and a 200 day moving average price of $177.39. The stock has a market capitalization of $60.36 billion, a P/E ratio of 20.44 and a beta of 0.90.

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).