Reynders McVeigh Capital Management LLC Lowers Stock Holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Reynders McVeigh Capital Management LLC lowered its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 7.9% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,450 shares of the company’s stock after selling 125 shares during the quarter. Reynders McVeigh Capital Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $260,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Petrus Trust Company LTA grew its holdings in shares of Invesco S&P 500 Equal Weight ETF by 1.7% during the third quarter. Petrus Trust Company LTA now owns 151,137 shares of the company’s stock worth $27,078,000 after buying an additional 2,484 shares during the last quarter. Port Capital LLC boosted its holdings in Invesco S&P 500 Equal Weight ETF by 12.7% in the 3rd quarter. Port Capital LLC now owns 101,565 shares of the company’s stock valued at $18,196,000 after purchasing an additional 11,455 shares in the last quarter. Mission Creek Capital Partners Inc. purchased a new stake in Invesco S&P 500 Equal Weight ETF in the 3rd quarter valued at approximately $773,000. IronBridge Private Wealth LLC purchased a new stake in Invesco S&P 500 Equal Weight ETF in the 3rd quarter valued at approximately $330,000. Finally, Harmony Asset Management LLC boosted its holdings in Invesco S&P 500 Equal Weight ETF by 4.4% in the 3rd quarter. Harmony Asset Management LLC now owns 4,935 shares of the company’s stock valued at $884,000 after purchasing an additional 208 shares in the last quarter.

Invesco S&P 500 Equal Weight ETF Trading Up 0.0 %

Shares of RSP opened at $186.33 on Thursday. Invesco S&P 500 Equal Weight ETF has a twelve month low of $148.94 and a twelve month high of $188.16. The stock’s 50 day moving average is $181.24 and its two-hundred day moving average is $173.09. The firm has a market capitalization of $62.41 billion, a PE ratio of 20.44 and a beta of 0.90.

Invesco S&P 500 Equal Weight ETF 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).