Members Trust Co Sells 6,609 Shares of Invesco S&P 500 Equal Weight ETF $RSP

Members Trust Co trimmed its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 14.7% during the 1st quarter, according to its most recent 13F filing with the SEC. The fund owned 38,333 shares of the company’s stock after selling 6,609 shares during the quarter. Invesco S&P 500 Equal Weight ETF comprises about 0.2% of Members Trust Co’s holdings, making the stock its 21st biggest holding. Members Trust Co’s holdings in Invesco S&P 500 Equal Weight ETF were worth $7,357,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the company. Brookstone Capital Management boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 2.5% during the 4th quarter. Brookstone Capital Management now owns 269,874 shares of the company’s stock valued at $51,697,000 after acquiring an additional 6,481 shares during the last quarter. Banta Asset Management LP purchased a new position in shares of Invesco S&P 500 Equal Weight ETF during the fourth quarter valued at approximately $1,654,000. Allen Investment Management LLC lifted its position in Invesco S&P 500 Equal Weight ETF by 32.8% during the fourth quarter. Allen Investment Management LLC now owns 142,450 shares of the company’s stock valued at $27,286,000 after purchasing an additional 35,220 shares during the period. Vise Technologies Inc. lifted its position in Invesco S&P 500 Equal Weight ETF by 144.2% during the fourth quarter. Vise Technologies Inc. now owns 5,051 shares of the company’s stock valued at $968,000 after purchasing an additional 2,983 shares during the period. Finally, Capital Investment Advisory Services LLC boosted its holdings in Invesco S&P 500 Equal Weight ETF by 67.5% in the fourth quarter. Capital Investment Advisory Services LLC now owns 70,925 shares of the company’s stock worth $13,586,000 after purchasing an additional 28,586 shares during the last quarter. 61.18% of the stock is owned by hedge funds and other institutional investors.

Invesco S&P 500 Equal Weight ETF Trading Down 0.4%

Shares of RSP stock opened at $213.45 on Wednesday. Invesco S&P 500 Equal Weight ETF has a 12-month low of $179.94 and a 12-month high of $216.37. The stock has a market capitalization of $95.86 billion, a P/E ratio of 20.10 and a beta of 0.91. The firm’s 50 day moving average is $209.00 and its 200 day moving average is $201.98.

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). 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.