Bank of New York Mellon Corp Purchases 4,350 Shares of Invesco S&P 500 Equal Weight ETF $RSP

Bank of New York Mellon Corp raised its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 0.3% in the 2nd quarter, Holdings Channel reports. The firm owned 1,689,136 shares of the company’s stock after acquiring an additional 4,350 shares during the period. Bank of New York Mellon Corp’s holdings in Invesco S&P 500 Equal Weight ETF were worth $306,984,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Intellectus Partners LLC boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 10.1% in the 2nd quarter. Intellectus Partners LLC now owns 14,955 shares of the company’s stock valued at $2,718,000 after purchasing an additional 1,369 shares in the last quarter. Burney Co. bought a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 2nd quarter worth $269,000. Ceera Investments LLC lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 35.3% during the 2nd quarter. Ceera Investments LLC now owns 4,772 shares of the company’s stock worth $867,000 after buying an additional 1,245 shares during the last quarter. Telos Capital Management Inc. boosted its stake in Invesco S&P 500 Equal Weight ETF by 7.8% in the second quarter. Telos Capital Management Inc. now owns 19,502 shares of the company’s stock valued at $3,544,000 after buying an additional 1,417 shares in the last quarter. Finally, MMA Asset Management LLC grew its position in Invesco S&P 500 Equal Weight ETF by 2.0% in the second quarter. MMA Asset Management LLC now owns 4,455 shares of the company’s stock valued at $810,000 after acquiring an additional 88 shares during the last quarter. 61.18% of the stock is currently owned by institutional investors.

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

RSP stock opened at $186.23 on Wednesday. The firm has a 50-day moving average price of $188.85 and a 200-day moving average price of $182.85. Invesco S&P 500 Equal Weight ETF has a 12 month low of $150.35 and a 12 month high of $192.33. The stock has a market capitalization of $72.03 billion, a P/E ratio of 20.10 and a beta of 0.99.

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).