Mendota Financial Group LLC Trims Stock Holdings in Invesco S&P 500 Equal Weight ETF $RSP

Mendota Financial Group LLC lessened its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 21.3% during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 32,260 shares of the company’s stock after selling 8,745 shares during the quarter. Invesco S&P 500 Equal Weight ETF makes up 4.3% of Mendota Financial Group LLC’s holdings, making the stock its 11th largest holding. Mendota Financial Group LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $6,864,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of RSP. Brighton Jones LLC grew its stake in Invesco S&P 500 Equal Weight ETF by 3.4% in the 4th quarter. Brighton Jones LLC now owns 7,516 shares of the company’s stock worth $1,317,000 after acquiring an additional 246 shares in the last quarter. Heck Capital Advisors LLC bought a new stake in shares of Invesco S&P 500 Equal Weight ETF during the fourth quarter valued at approximately $83,931,000. Bison Wealth LLC raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 25.8% during the fourth quarter. Bison Wealth LLC now owns 20,957 shares of the company’s stock valued at $3,672,000 after acquiring an additional 4,295 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF in the first quarter valued at approximately $11,553,000. Finally, Gamco Investors INC. ET AL purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF in the second quarter valued at approximately $279,000. Hedge funds and other institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Stock Up 0.1%

Shares of NYSEARCA RSP opened at $220.22 on Tuesday. The business has a fifty day simple moving average of $213.08 and a two-hundred day simple moving average of $204.67. The firm has a market cap of $99.52 billion, a PE ratio of 20.10 and a beta of 0.91. Invesco S&P 500 Equal Weight ETF has a twelve month low of $182.11 and a twelve month high of $221.09.

About Invesco S&P 500 Equal Weight ETF

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.