Penobscot Investment Management Company Inc. Has $901,000 Holdings in Invesco S&P 500 Equal Weight ETF $RSP

Penobscot Investment Management Company Inc. grew its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 11.8% during the second quarter, Holdings Channel.com reports. The institutional investor owned 4,957 shares of the company’s stock after purchasing an additional 524 shares during the quarter. Penobscot Investment Management Company Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $901,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of RSP. Goldman Sachs Group Inc. increased its stake in Invesco S&P 500 Equal Weight ETF by 219.6% in the first quarter. Goldman Sachs Group Inc. now owns 9,102,168 shares of the company’s stock valued at $1,576,769,000 after purchasing an additional 6,254,609 shares in the last quarter. Japan Science & Technology Agency acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 1st quarter valued at about $656,908,000. Phoenix Financial Ltd. bought a new stake in Invesco S&P 500 Equal Weight ETF in the 1st quarter valued at about $269,253,000. Invesco Ltd. raised its stake in Invesco S&P 500 Equal Weight ETF by 12.0% during the 1st quarter. Invesco Ltd. now owns 11,189,061 shares of the company’s stock worth $1,938,281,000 after buying an additional 1,195,627 shares during the period. Finally, JPMorgan Chase & Co. raised its stake in Invesco S&P 500 Equal Weight ETF by 26.8% during the 1st quarter. JPMorgan Chase & Co. now owns 5,057,195 shares of the company’s stock worth $876,058,000 after buying an additional 1,069,297 shares during the period. Institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of Invesco S&P 500 Equal Weight ETF stock opened at $191.25 on Friday. The stock has a market capitalization of $75.35 billion, a PE ratio of 20.10 and a beta of 1.05. Invesco S&P 500 Equal Weight ETF has a 52 week low of $150.35 and a 52 week high of $192.30. The stock has a 50 day moving average price of $187.22 and a two-hundred day moving average price of $179.16.

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).