First Interstate Bank Sells 69,038 Shares of Invesco S&P 500 Equal Weight ETF $RSP

First Interstate Bank reduced its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 8.4% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 750,597 shares of the company’s stock after selling 69,038 shares during the period. Invesco S&P 500 Equal Weight ETF comprises about 8.0% of First Interstate Bank’s holdings, making the stock its 3rd largest position. First Interstate Bank’s holdings in Invesco S&P 500 Equal Weight ETF were worth $136,413,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of RSP. Brighton Jones LLC increased its position in Invesco S&P 500 Equal Weight ETF by 3.4% in the 4th quarter. Brighton Jones LLC now owns 7,516 shares of the company’s stock worth $1,317,000 after purchasing an additional 246 shares during the last quarter. Heck Capital Advisors LLC acquired a new position in Invesco S&P 500 Equal Weight ETF in the 4th quarter worth about $83,931,000. Bison Wealth LLC increased its position in Invesco S&P 500 Equal Weight ETF by 25.8% in the 4th quarter. Bison Wealth LLC now owns 20,957 shares of the company’s stock worth $3,672,000 after purchasing an additional 4,295 shares during the last quarter. GAMMA Investing LLC increased its position in Invesco S&P 500 Equal Weight ETF by 21.9% in the 1st quarter. GAMMA Investing LLC now owns 2,737 shares of the company’s stock worth $474,000 after purchasing an additional 492 shares during the last quarter. Finally, Blue Trust Inc. increased its position in Invesco S&P 500 Equal Weight ETF by 171.1% in the 1st quarter. Blue Trust Inc. now owns 431 shares of the company’s stock worth $75,000 after purchasing an additional 272 shares during the last quarter. 61.18% of the stock is owned by institutional investors and hedge funds.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of RSP stock opened at $188.01 on Monday. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $150.35 and a fifty-two week high of $192.30. The stock’s 50-day moving average is $188.16 and its two-hundred day moving average is $180.26. The firm has a market cap of $72.67 billion, a P/E ratio of 20.10 and a beta of 1.05.

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).