Comerica Bank Trims Stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Comerica Bank lessened its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSPFree Report) by 8.7% in the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 221,591 shares of the company’s stock after selling 20,985 shares during the period. Comerica Bank owned 0.08% of Invesco S&P 500 Equal Weight ETF worth $34,967,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Partnership Wealth Management LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF during the fourth quarter worth about $25,000. Howe & Rusling Inc. purchased a new position in shares of Invesco S&P 500 Equal Weight ETF in the fourth quarter worth $26,000. GAMMA Investing LLC bought a new position in shares of Invesco S&P 500 Equal Weight ETF during the fourth quarter worth $38,000. Core Wealth Advisors Inc. purchased a new position in Invesco S&P 500 Equal Weight ETF during the third quarter valued at $38,000. Finally, SOA Wealth Advisors LLC. increased its holdings in Invesco S&P 500 Equal Weight ETF by 51.5% in the 4th quarter. SOA Wealth Advisors LLC. now owns 303 shares of the company’s stock valued at $48,000 after acquiring an additional 103 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Up 0.5 %

RSP opened at $165.20 on Thursday. The company has a market capitalization of $55.33 billion, a PE ratio of 20.44 and a beta of 0.90. The firm has a 50-day simple moving average of $164.28 and a two-hundred day simple moving average of $160.75. Invesco S&P 500 Equal Weight ETF has a 52 week low of $133.34 and a 52 week high of $169.80.

About Invesco S&P 500 Equal Weight ETF

(Free Report)

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).

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Institutional Ownership by Quarter for Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

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