Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) Stake Cut by Whittier Trust Co.

Whittier Trust Co. lessened its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 12.1% in the second quarter, HoldingsChannel.com reports. The firm owned 10,027 shares of the company’s stock after selling 1,375 shares during the period. Whittier Trust Co.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $1,647,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently added to or reduced their stakes in RSP. Partnership Wealth Management LLC acquired a new stake in Invesco S&P 500 Equal Weight ETF in the fourth quarter worth $25,000. Howe & Rusling Inc. bought a new position in shares of Invesco S&P 500 Equal Weight ETF during the fourth quarter worth about $26,000. Fairman Group LLC bought a new position in shares of Invesco S&P 500 Equal Weight ETF during the first quarter worth about $27,000. DHJJ Financial Advisors Ltd. increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 107.5% in the 2nd quarter. DHJJ Financial Advisors Ltd. now owns 193 shares of the company’s stock worth $32,000 after acquiring an additional 100 shares during the period. Finally, Creekmur Asset Management LLC lifted its position in Invesco S&P 500 Equal Weight ETF by 86.5% in the 1st quarter. Creekmur Asset Management LLC now owns 194 shares of the company’s stock valued at $33,000 after purchasing an additional 90 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Trading Up 0.4 %

NYSEARCA RSP opened at $174.52 on Friday. The company has a 50-day moving average price of $167.85 and a two-hundred day moving average price of $165.49. Invesco S&P 500 Equal Weight ETF has a 52 week low of $133.34 and a 52 week high of $175.58. The stock has a market cap of $58.45 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90.

Invesco S&P 500 Equal Weight ETF Company 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).