Invesco S&P 500 Equal Weight ETF $RSP is First Interstate Bank’s 3rd Largest Position

First Interstate Bank trimmed its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 8.4% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. 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 biggest holding. First Interstate Bank owned 0.19% of Invesco S&P 500 Equal Weight ETF worth $136,413,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also modified their holdings of RSP. Nova Wealth Management Inc. purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF during the second quarter valued at $25,000. Uniplan Investment Counsel Inc. acquired a new position in Invesco S&P 500 Equal Weight ETF during the first quarter valued at $26,000. Richardson Capital Management LLC acquired a new position in Invesco S&P 500 Equal Weight ETF during the first quarter valued at $30,000. Howe & Rusling Inc. raised its position in Invesco S&P 500 Equal Weight ETF by 190.8% during the first quarter. Howe & Rusling Inc. now owns 189 shares of the company’s stock valued at $33,000 after buying an additional 124 shares during the period. Finally, Olde Wealth Management LLC acquired a new position in Invesco S&P 500 Equal Weight ETF during the first quarter valued at $37,000. 61.18% of the stock is owned by hedge funds and other institutional investors.

Invesco S&P 500 Equal Weight ETF Trading Up 0.5%

NYSEARCA:RSP opened at $188.01 on Monday. The firm has a market capitalization of $72.67 billion, a price-to-earnings ratio of 20.10 and a beta of 1.05. Invesco S&P 500 Equal Weight ETF has a 1-year low of $150.35 and a 1-year high of $192.30. The business’s fifty day moving average price is $188.16 and its 200 day moving average price is $180.26.

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).