Chevy Chase Trust Holdings LLC Increases Stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Chevy Chase Trust Holdings LLC boosted its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 28.6% in the 4th quarter, Holdings Channel reports. The fund owned 1,707 shares of the company’s stock after buying an additional 380 shares during the period. Chevy Chase Trust Holdings LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $299,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. SJS Investment Consulting Inc. raised its position in Invesco S&P 500 Equal Weight ETF by 157.1% during the fourth quarter. SJS Investment Consulting Inc. now owns 144 shares of the company’s stock valued at $25,000 after acquiring an additional 88 shares in the last quarter. Van ECK Associates Corp raised its position in Invesco S&P 500 Equal Weight ETF by 105.4% during the fourth quarter. Van ECK Associates Corp now owns 152 shares of the company’s stock valued at $27,000 after acquiring an additional 78 shares in the last quarter. Eastern Bank purchased a new position in Invesco S&P 500 Equal Weight ETF during the third quarter valued at approximately $28,000. GHP Investment Advisors Inc. raised its position in Invesco S&P 500 Equal Weight ETF by 79.1% during the third quarter. GHP Investment Advisors Inc. now owns 163 shares of the company’s stock valued at $29,000 after acquiring an additional 72 shares in the last quarter. Finally, Truvestments Capital LLC purchased a new position in Invesco S&P 500 Equal Weight ETF during the third quarter valued at approximately $29,000.

Invesco S&P 500 Equal Weight ETF Price Performance

Invesco S&P 500 Equal Weight ETF stock opened at $182.47 on Wednesday. The stock has a market capitalization of $61.12 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 $158.83 and a 12 month high of $188.16. The business has a 50 day simple moving average of $179.01 and a 200-day simple moving average of $178.06.

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).