Titleist Asset Management LLC Sells 5,536 Shares of Invesco S&P 500 Equal Weight ETF $RSP

Titleist Asset Management LLC trimmed its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 4.3% during the third quarter, HoldingsChannel reports. The firm owned 122,271 shares of the company’s stock after selling 5,536 shares during the period. Invesco S&P 500 Equal Weight ETF comprises about 1.7% of Titleist Asset Management LLC’s investment portfolio, making the stock its 10th biggest holding. Titleist Asset Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $25,435,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also made changes to their positions in the company. Bank of America Corp DE boosted its holdings in Invesco S&P 500 Equal Weight ETF by 16.4% during the 1st quarter. Bank of America Corp DE now owns 25,370,060 shares of the company’s stock valued at $4,869,022,000 after acquiring an additional 3,567,441 shares during the period. Invesco Ltd. lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 4.6% during the fourth quarter. Invesco Ltd. now owns 10,144,784 shares of the company’s stock worth $1,943,335,000 after purchasing an additional 444,846 shares in the last quarter. State of Wisconsin Investment Board boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 14.3% in the fourth quarter. State of Wisconsin Investment Board now owns 8,485,519 shares of the company’s stock valued at $1,625,486,000 after purchasing an additional 1,060,181 shares during the period. Healthcare of Ontario Pension Plan Trust Fund boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 13.1% in the fourth quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 2,460,000 shares of the company’s stock valued at $471,238,000 after purchasing an additional 285,000 shares during the period. Finally, BlueCrest Capital Management Ltd acquired a new position in shares of Invesco S&P 500 Equal Weight ETF in the second quarter valued at approximately $400,736,000. 61.18% of the stock is currently owned by hedge funds and other institutional investors.

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

RSP traded up $0.75 during trading hours on Thursday, hitting $211.35. 5,971,601 shares of the company’s stock were exchanged, compared to its average volume of 12,055,525. The firm has a market cap of $96.19 billion, a P/E ratio of 20.10 and a beta of 0.92. Invesco S&P 500 Equal Weight ETF has a 12-month low of $182.11 and a 12-month high of $223.43. The firm has a 50 day moving average of $216.49 and a 200 day moving average of $209.42.

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.