First Manhattan CO. LLC. Sells 114,787 Shares of Invesco S&P 500 Equal Weight ETF $RSP

First Manhattan CO. LLC. decreased its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 23.2% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 380,152 shares of the company’s stock after selling 114,787 shares during the period. First Manhattan CO. LLC. owned 0.09% of Invesco S&P 500 Equal Weight ETF worth $72,822,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Brookstone Capital Management raised its stake in Invesco S&P 500 Equal Weight ETF by 2.5% during the 4th quarter. Brookstone Capital Management now owns 269,874 shares of the company’s stock worth $51,697,000 after buying an additional 6,481 shares during the period. Banta Asset Management LP acquired a new position in Invesco S&P 500 Equal Weight ETF during the 4th quarter worth approximately $1,654,000. Allen Investment Management LLC raised its stake in Invesco S&P 500 Equal Weight ETF by 32.8% during the 4th quarter. Allen Investment Management LLC now owns 142,450 shares of the company’s stock worth $27,286,000 after buying an additional 35,220 shares during the period. Empirical Asset Management LLC raised its stake in Invesco S&P 500 Equal Weight ETF by 417.0% during the 3rd quarter. Empirical Asset Management LLC now owns 11,544 shares of the company’s stock worth $2,190,000 after buying an additional 9,311 shares during the period. Finally, Tennessee Valley Asset Management Partners acquired a new position in Invesco S&P 500 Equal Weight ETF during the 3rd quarter worth approximately $777,000. Institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Stock Down 1.5%

Shares of Invesco S&P 500 Equal Weight ETF stock opened at $208.99 on Thursday. The company has a market cap of $90.16 billion, a PE ratio of 20.10 and a beta of 0.91. Invesco S&P 500 Equal Weight ETF has a 52 week low of $175.98 and a 52 week high of $214.30. The business has a 50 day moving average price of $204.48 and a 200-day moving average price of $199.28.

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.