Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) Stock Holdings Lessened by Elmwood Wealth Management Inc.

Elmwood Wealth Management Inc. reduced its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 12.2% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 4,610 shares of the company’s stock after selling 640 shares during the period. Elmwood Wealth Management Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $808,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of RSP. Northwestern Mutual Wealth Management Co. lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 855.5% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 20,539,639 shares of the company’s stock worth $3,379,816,000 after buying an additional 18,390,083 shares during the last quarter. Healthcare of Ontario Pension Plan Trust Fund lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 174.6% in the 2nd quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 2,340,000 shares of the company’s stock worth $384,415,000 after buying an additional 1,488,000 shares during the last quarter. SPX Gestao de Recursos Ltda lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 1,502.5% in the 3rd quarter. SPX Gestao de Recursos Ltda now owns 895,000 shares of the company’s stock worth $160,348,000 after buying an additional 839,150 shares during the last quarter. Penserra Capital Management LLC lifted its position in Invesco S&P 500 Equal Weight ETF by 2,274.4% in the 3rd quarter. Penserra Capital Management LLC now owns 486,095 shares of the company’s stock valued at $87,088,000 after purchasing an additional 465,623 shares during the last quarter. Finally, D. E. Shaw & Co. Inc. bought a new stake in Invesco S&P 500 Equal Weight ETF in the 2nd quarter valued at about $63,354,000.

Invesco S&P 500 Equal Weight ETF Trading Up 0.7 %

NYSEARCA:RSP traded up $1.23 during mid-day trading on Monday, hitting $174.48. The stock had a trading volume of 7,207,729 shares, compared to its average volume of 7,517,034. The stock has a market capitalization of $58.44 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90. The company has a 50 day simple moving average of $180.89 and a 200-day simple moving average of $175.64. Invesco S&P 500 Equal Weight ETF has a 52 week low of $153.10 and a 52 week high of $188.16.

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).