Glenmede Trust Co. NA Purchases 29,552 Shares of Invesco S&P 500 Equal Weight ETF $RSP

Glenmede Trust Co. NA grew its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 6.0% during the first quarter, Holdings Channel reports. The fund owned 519,598 shares of the company’s stock after purchasing an additional 29,552 shares during the period. Glenmede Trust Co. NA’s holdings in Invesco S&P 500 Equal Weight ETF were worth $99,721,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the company. Summit Financial Wealth Advisors LLC lifted its stake in shares of Invesco S&P 500 Equal Weight ETF by 40.2% in the 1st quarter. Summit Financial Wealth Advisors LLC now owns 4,783 shares of the company’s stock valued at $918,000 after purchasing an additional 1,371 shares during the period. WNY Asset Management LLC bought a new stake in shares of Invesco S&P 500 Equal Weight ETF during the first quarter valued at approximately $714,000. Independent Wealth Advisors LLC grew its stake in Invesco S&P 500 Equal Weight ETF by 11.4% in the first quarter. Independent Wealth Advisors LLC now owns 8,359 shares of the company’s stock worth $1,604,000 after purchasing an additional 857 shares during the period. Segall Bryant & Hamill LLC purchased a new stake in Invesco S&P 500 Equal Weight ETF in the first quarter worth $12,154,000. Finally, Cadia Private Client LLC raised its holdings in Invesco S&P 500 Equal Weight ETF by 14.0% in the first quarter. Cadia Private Client LLC now owns 1,648 shares of the company’s stock worth $316,000 after purchasing an additional 203 shares in the last quarter. Institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Trading Down 0.2%

RSP opened at $215.01 on Friday. The company has a market cap of $97.43 billion, a price-to-earnings ratio of 20.10 and a beta of 0.91. The stock has a fifty day simple moving average of $211.72 and a two-hundred day simple moving average of $203.74. Invesco S&P 500 Equal Weight ETF has a 12-month low of $179.94 and a 12-month high of $218.11.

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). 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.