Renasant Bank Has $1.73 Million Stake in Invesco S&P 500 Equal Weight ETF $RSP

Renasant Bank trimmed its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 35.8% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 9,012 shares of the company’s stock after selling 5,023 shares during the period. Invesco S&P 500 Equal Weight ETF makes up 1.2% of Renasant Bank’s portfolio, making the stock its 26th biggest holding. Renasant Bank’s holdings in Invesco S&P 500 Equal Weight ETF were worth $1,730,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in the business. Brighton Jones LLC boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 3.4% in the fourth quarter. Brighton Jones LLC now owns 7,516 shares of the company’s stock valued at $1,317,000 after acquiring an additional 246 shares during the period. Heck Capital Advisors LLC bought a new position in Invesco S&P 500 Equal Weight ETF during the fourth quarter worth $83,931,000. Bison Wealth LLC raised its stake in Invesco S&P 500 Equal Weight ETF by 25.8% during the 4th quarter. Bison Wealth LLC now owns 20,957 shares of the company’s stock valued at $3,672,000 after purchasing an additional 4,295 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC acquired a new position in Invesco S&P 500 Equal Weight ETF during the 1st quarter valued at $11,553,000. Finally, Gamco Investors INC. ET AL bought a new stake in Invesco S&P 500 Equal Weight ETF in the 2nd quarter valued at $279,000. 61.18% of the stock is currently owned by institutional investors.

Invesco S&P 500 Equal Weight ETF Price Performance

NYSEARCA RSP opened at $214.73 on Wednesday. The firm has a market capitalization of $95.83 billion, a price-to-earnings ratio of 20.10 and a beta of 0.91. The company’s fifty day moving average is $207.84 and its two-hundred day moving average is $201.26. Invesco S&P 500 Equal Weight ETF has a 52-week low of $179.94 and a 52-week high of $216.37.

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.