Blue Trust Inc. Cuts Stock Position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Blue Trust Inc. trimmed its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 73.9% in the fourth quarter, Holdings Channel reports. The firm owned 159 shares of the company’s stock after selling 451 shares during the period. Blue Trust Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $28,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the stock. Roman Butler Fullerton & Co. grew its position in Invesco S&P 500 Equal Weight ETF by 96.2% in the fourth quarter. Roman Butler Fullerton & Co. now owns 5,368 shares of the company’s stock valued at $979,000 after acquiring an additional 2,632 shares in the last quarter. Autumn Glory Partners LLC grew its holdings in Invesco S&P 500 Equal Weight ETF by 4.1% during the 4th quarter. Autumn Glory Partners LLC now owns 5,579 shares of the company’s stock valued at $978,000 after purchasing an additional 220 shares in the last quarter. Chevy Chase Trust Holdings LLC increased its stake in Invesco S&P 500 Equal Weight ETF by 28.6% during the 4th quarter. Chevy Chase Trust Holdings LLC now owns 1,707 shares of the company’s stock worth $299,000 after buying an additional 380 shares during the period. Banque Pictet & Cie SA lifted its holdings in Invesco S&P 500 Equal Weight ETF by 123.6% in the 4th quarter. Banque Pictet & Cie SA now owns 7,425 shares of the company’s stock worth $1,301,000 after buying an additional 4,105 shares in the last quarter. Finally, First Merchants Corp boosted its position in Invesco S&P 500 Equal Weight ETF by 10.5% in the 4th quarter. First Merchants Corp now owns 13,763 shares of the company’s stock valued at $2,412,000 after buying an additional 1,311 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of Invesco S&P 500 Equal Weight ETF stock opened at $178.20 on Friday. Invesco S&P 500 Equal Weight ETF has a 1-year low of $158.83 and a 1-year high of $188.16. The business has a 50-day moving average of $179.08 and a 200-day moving average of $178.74. The company has a market capitalization of $74.07 billion, a PE ratio of 21.37 and a beta of 1.07.

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).