Oxbow Advisors LLC Has $5.63 Million Stock Holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Oxbow Advisors LLC cut its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 1.2% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 31,398 shares of the company’s stock after selling 385 shares during the quarter. Oxbow Advisors LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $5,625,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Destination Wealth Management increased its stake in shares of Invesco S&P 500 Equal Weight ETF by 5.1% in the second quarter. Destination Wealth Management now owns 1,996 shares of the company’s stock valued at $328,000 after buying an additional 96 shares in the last quarter. Courage Miller Partners LLC boosted its holdings in Invesco S&P 500 Equal Weight ETF by 0.6% in the second quarter. Courage Miller Partners LLC now owns 46,896 shares of the company’s stock valued at $7,704,000 after acquiring an additional 273 shares during the last quarter. Blair William & Co. IL boosted its holdings in Invesco S&P 500 Equal Weight ETF by 13.2% in the first quarter. Blair William & Co. IL now owns 205,203 shares of the company’s stock valued at $34,755,000 after acquiring an additional 23,957 shares during the last quarter. Brown Brothers Harriman & Co. boosted its holdings in Invesco S&P 500 Equal Weight ETF by 17.5% in the second quarter. Brown Brothers Harriman & Co. now owns 40,260 shares of the company’s stock valued at $6,614,000 after acquiring an additional 6,001 shares during the last quarter. Finally, Brightwater Advisory LLC bought a new position in Invesco S&P 500 Equal Weight ETF in the second quarter valued at about $3,227,000.

Invesco S&P 500 Equal Weight ETF Trading Up 0.6 %

Invesco S&P 500 Equal Weight ETF stock traded up $1.02 during mid-day trading on Friday, hitting $184.10. The stock had a trading volume of 7,541,722 shares, compared to its average volume of 6,078,975. The stock has a 50-day simple moving average of $177.68 and a two-hundred day simple moving average of $170.47. The stock has a market capitalization of $61.66 billion, a PE ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a 12 month low of $139.03 and a 12 month high of $184.47.

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).