Northern Trust Corp Lowers Position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Northern Trust Corp decreased its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 3.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 43,408 shares of the company’s stock after selling 1,752 shares during the period. Northern Trust Corp’s holdings in Invesco S&P 500 Equal Weight ETF were worth $7,606,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in RSP. SJS Investment Consulting Inc. boosted its holdings 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 worth $25,000 after buying an additional 88 shares in the last quarter. FPC Investment Advisory Inc. acquired a new position in Invesco S&P 500 Equal Weight ETF during the fourth quarter worth about $28,000. 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 worth $27,000 after acquiring an additional 78 shares during the last quarter. Cambridge Financial Group Inc. acquired a new position in Invesco S&P 500 Equal Weight ETF during the fourth quarter worth about $28,000. Finally, Bridge Generations Wealth Management LLC acquired a new position in Invesco S&P 500 Equal Weight ETF during the fourth quarter worth about $29,000.

Invesco S&P 500 Equal Weight ETF Trading Up 1.0%

Shares of RSP opened at $179.99 on Monday. The stock has a market cap of $73.76 billion, a P/E ratio of 20.59 and a beta of 1.00. The company has a 50-day moving average of $168.97 and a two-hundred day moving average of $176.34. Invesco S&P 500 Equal Weight ETF has a 12-month low of $150.35 and a 12-month high of $188.16.

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).