WASHINGTON TRUST Co Raises Holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

WASHINGTON TRUST Co increased its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 195.6% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 1,138 shares of the company’s stock after buying an additional 753 shares during the quarter. WASHINGTON TRUST Co’s holdings in Invesco S&P 500 Equal Weight ETF were worth $180,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in RSP. Morgan Stanley raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 12.8% during the third quarter. Morgan Stanley now owns 18,941,150 shares of the company’s stock worth $2,683,772,000 after purchasing an additional 2,153,993 shares during the last quarter. Moneta Group Investment Advisors LLC raised its position in Invesco S&P 500 Equal Weight ETF by 104,839.6% during the 4th quarter. Moneta Group Investment Advisors LLC now owns 7,956,524 shares of the company’s stock worth $1,123,859,000 after buying an additional 7,948,942 shares during the last quarter. Truist Financial Corp lifted its stake in shares of Invesco S&P 500 Equal Weight ETF by 1.5% in the 3rd quarter. Truist Financial Corp now owns 7,814,755 shares of the company’s stock worth $1,107,273,000 after acquiring an additional 112,526 shares during the period. UBS Group AG boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 17.4% in the third quarter. UBS Group AG now owns 5,948,672 shares of the company’s stock valued at $842,867,000 after acquiring an additional 880,506 shares in the last quarter. Finally, Invesco Ltd. increased its stake in shares of Invesco S&P 500 Equal Weight ETF by 15.6% during the third quarter. Invesco Ltd. now owns 4,521,037 shares of the company’s stock worth $640,586,000 after acquiring an additional 609,306 shares during the period.

Invesco S&P 500 Equal Weight ETF Stock Performance

NYSEARCA:RSP opened at $169.37 on Friday. The stock has a market capitalization of $47.88 billion, a price-to-earnings ratio of 16.13 and a beta of 1.05. Invesco S&P 500 Equal Weight ETF has a 1 year low of $133.34 and a 1 year high of $169.80. The stock has a fifty day moving average price of $161.39 and a two-hundred day moving average price of $151.94.

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).