Legacy Private Trust Co. Reduces Stock Position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Legacy Private Trust Co. decreased its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 2.3% during the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 25,560 shares of the company’s stock after selling 608 shares during the quarter. Legacy Private Trust Co.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $3,825,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Gateway Advisory LLC raised its position in shares of Invesco S&P 500 Equal Weight ETF by 9,007.8% during the 1st quarter. Gateway Advisory LLC now owns 13,837,665 shares of the company’s stock valued at $13,838,000 after buying an additional 13,685,733 shares during the period. Moneta Group Investment Advisors LLC increased its stake in Invesco S&P 500 Equal Weight ETF by 104,839.6% during the fourth quarter. Moneta Group Investment Advisors LLC now owns 7,956,524 shares of the company’s stock worth $1,123,859,000 after acquiring an additional 7,948,942 shares during the last quarter. Bank of America Corp DE raised its position in Invesco S&P 500 Equal Weight ETF by 24.2% in the fourth quarter. Bank of America Corp DE now owns 11,938,800 shares of the company’s stock valued at $1,686,355,000 after purchasing an additional 2,326,405 shares during the period. Morgan Stanley lifted its stake in shares of Invesco S&P 500 Equal Weight ETF by 11.1% in the 4th quarter. Morgan Stanley now owns 14,772,231 shares of the company’s stock valued at $2,086,578,000 after purchasing an additional 1,474,149 shares during the last quarter. Finally, Cowa LLC grew its holdings in shares of Invesco S&P 500 Equal Weight ETF by 13,794.7% during the 1st quarter. Cowa LLC now owns 942,754 shares of the company’s stock worth $35,000 after purchasing an additional 935,969 shares during the period.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of RSP stock traded down $1.02 during trading hours on Friday, hitting $147.81. The company had a trading volume of 968,424 shares, compared to its average volume of 4,226,678. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $124.92 and a fifty-two week high of $155.77. The company’s fifty day moving average is $150.65 and its 200 day moving average is $146.22. The stock has a market capitalization of $41.78 billion, a PE ratio of 16.13 and a beta of 1.05.

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).