WFA Asset Management Corp Lowers Stock Holdings in Invesco S&P 500 Equal Weight ETF $RSP

WFA Asset Management Corp reduced its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 10.9% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 53,760 shares of the company’s stock after selling 6,585 shares during the period. Invesco S&P 500 Equal Weight ETF makes up about 5.3% of WFA Asset Management Corp’s portfolio, making the stock its 6th biggest holding. WFA Asset Management Corp’s holdings in Invesco S&P 500 Equal Weight ETF were worth $9,632,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in RSP. Northwestern Mutual Wealth Management Co. boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 4.7% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 24,657,672 shares of the company’s stock valued at $4,481,285,000 after acquiring an additional 1,103,629 shares during the period. JPMorgan Chase & Co. raised its stake in Invesco S&P 500 Equal Weight ETF by 11.7% in the 2nd quarter. JPMorgan Chase & Co. now owns 5,646,560 shares of the company’s stock worth $1,026,206,000 after purchasing an additional 589,365 shares in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its holdings in Invesco S&P 500 Equal Weight ETF by 119.1% in the 2nd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 2,027,552 shares of the company’s stock valued at $368,487,000 after purchasing an additional 1,102,322 shares during the period. Cerity Partners LLC boosted its holdings in Invesco S&P 500 Equal Weight ETF by 3.2% in the 3rd quarter. Cerity Partners LLC now owns 1,756,382 shares of the company’s stock valued at $333,186,000 after purchasing an additional 54,925 shares during the period. Finally, Bank of New York Mellon Corp grew its position in shares of Invesco S&P 500 Equal Weight ETF by 0.3% during the 2nd quarter. Bank of New York Mellon Corp now owns 1,689,136 shares of the company’s stock worth $306,984,000 after purchasing an additional 4,350 shares in the last quarter. 61.18% of the stock is currently owned by institutional investors.

Invesco S&P 500 Equal Weight ETF Trading Up 0.1%

NYSEARCA RSP opened at $199.66 on Friday. Invesco S&P 500 Equal Weight ETF has a 1-year low of $150.35 and a 1-year high of $200.78. The company has a 50 day moving average of $192.74 and a 200-day moving average of $189.21. The company has a market cap of $80.43 billion, a price-to-earnings ratio of 20.10 and a beta of 0.99.

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.