Invesco S&P 500 Equal Weight ETF $RSP Shares Bought by Trust Co of Tennessee

Trust Co of Tennessee lifted its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 8.5% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 778,774 shares of the company’s stock after purchasing an additional 61,157 shares during the quarter. Invesco S&P 500 Equal Weight ETF accounts for approximately 31.1% of Trust Co of Tennessee’s holdings, making the stock its largest position. Trust Co of Tennessee owned approximately 0.20% of Invesco S&P 500 Equal Weight ETF worth $147,731,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of RSP. Realta Investment Advisors increased its stake in Invesco S&P 500 Equal Weight ETF by 15.5% during the 2nd quarter. Realta Investment Advisors now owns 410 shares of the company’s stock valued at $75,000 after buying an additional 55 shares during the period. Fusion Capital LLC lifted its stake in shares of Invesco S&P 500 Equal Weight ETF by 2.2% in the 2nd quarter. Fusion Capital LLC now owns 2,564 shares of the company’s stock worth $466,000 after acquiring an additional 56 shares during the period. Signature Estate & Investment Advisors LLC boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 1.2% in the second quarter. Signature Estate & Investment Advisors LLC now owns 5,502 shares of the company’s stock valued at $1,000,000 after acquiring an additional 64 shares in the last quarter. Ehrlich Financial Group increased its stake in shares of Invesco S&P 500 Equal Weight ETF by 1.4% during the second quarter. Ehrlich Financial Group now owns 4,792 shares of the company’s stock valued at $871,000 after acquiring an additional 65 shares during the period. Finally, HBK Sorce Advisory LLC increased its stake in shares of Invesco S&P 500 Equal Weight ETF by 0.3% during the second quarter. HBK Sorce Advisory LLC now owns 26,315 shares of the company’s stock valued at $4,782,000 after acquiring an additional 67 shares during the period. 61.18% of the stock is currently owned by institutional investors.

Invesco S&P 500 Equal Weight ETF Price Performance

RSP opened at $193.52 on Tuesday. The business has a 50 day moving average price of $190.00 and a two-hundred day moving average price of $187.28. The company has a market capitalization of $74.86 billion, a price-to-earnings ratio of 20.10 and a beta of 0.99. Invesco S&P 500 Equal Weight ETF has a 1-year low of $150.35 and a 1-year high of $195.46.

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). The Index utilizes quarterly rebalancing to maintain its equal-weight stance. Under normal circumstances, the Fund will invest at least 90% of its net assets, plus any borrowing for investment purposes, in the equity securities (and derivatives thereof) included in the Index.