First City Capital Management Inc. Has $328,000 Stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

First City Capital Management Inc. boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 6.0% during the second quarter, Holdings Channel reports. The institutional investor owned 1,994 shares of the company’s stock after acquiring an additional 113 shares during the quarter. First City Capital Management Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $328,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently made changes to their positions in RSP. Charles Schwab Investment Management Inc. acquired a new position in Invesco S&P 500 Equal Weight ETF during the fourth quarter worth $4,965,000. TrinityPoint Wealth LLC increased its position in shares of Invesco S&P 500 Equal Weight ETF by 3.9% during the 4th quarter. TrinityPoint Wealth LLC now owns 5,647 shares of the company’s stock worth $891,000 after purchasing an additional 210 shares in the last quarter. Clearbridge Investments LLC bought a new position in Invesco S&P 500 Equal Weight ETF during the 4th quarter valued at about $929,000. Corient Private Wealth LLC boosted its position in Invesco S&P 500 Equal Weight ETF by 27.2% in the fourth quarter. Corient Private Wealth LLC now owns 107,526 shares of the company’s stock valued at $16,968,000 after buying an additional 23,017 shares in the last quarter. Finally, Franklin Resources Inc. grew its stake in Invesco S&P 500 Equal Weight ETF by 50.1% during the fourth quarter. Franklin Resources Inc. now owns 53,297 shares of the company’s stock worth $8,410,000 after buying an additional 17,785 shares during the last quarter.

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

NYSEARCA RSP opened at $177.44 on Friday. Invesco S&P 500 Equal Weight ETF has a 1-year low of $133.34 and a 1-year high of $178.82. The company has a 50 day moving average of $171.16 and a 200-day moving average of $167.07. The firm has a market cap of $59.43 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).