Invesco S&P 500 Equal Weight ETF $RSP Stock: Harbour Investments Inc. Decreases Stake

Harbour Investments Inc. lowered its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 48.2% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 85,569 shares of the company’s stock after selling 79,563 shares during the period. Harbour Investments Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $17,800,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Bank of America Corp DE raised its position in Invesco S&P 500 Equal Weight ETF by 16.4% during the first quarter. Bank of America Corp DE now owns 25,370,060 shares of the company’s stock worth $4,869,022,000 after acquiring an additional 3,567,441 shares in the last quarter. BlueCrest Capital Management Ltd acquired a new stake in Invesco S&P 500 Equal Weight ETF in the second quarter valued at $400,736,000. Clal Insurance Enterprises Holdings Ltd grew its position in shares of Invesco S&P 500 Equal Weight ETF by 3.7% in the 1st quarter. Clal Insurance Enterprises Holdings Ltd now owns 1,660,000 shares of the company’s stock valued at $318,587,000 after acquiring an additional 60,000 shares during the period. Keybank National Association OH bought a new position in shares of Invesco S&P 500 Equal Weight ETF in the 3rd quarter valued at about $312,719,000. Finally, Commonwealth Equity Services LLC bought a new position in shares of Invesco S&P 500 Equal Weight ETF in the 3rd quarter valued at about $248,531,000. Institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Trading Up 0.2%

Shares of Invesco S&P 500 Equal Weight ETF stock traded up $0.44 during trading on Friday, hitting $221.16. 6,419,624 shares of the stock were exchanged, compared to its average volume of 11,830,450. The stock has a market capitalization of $104.35 billion, a price-to-earnings ratio of 20.90 and a beta of 0.91. The company has a fifty day moving average price of $214.98 and a 200-day moving average price of $208.82. Invesco S&P 500 Equal Weight ETF has a 1-year low of $182.11 and a 1-year high of $224.20.

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.