Invesco S&P 500 Equal Weight ETF $RSP Shares Sold by Mendota Financial Group LLC

Mendota Financial Group LLC cut its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 8.4% during the 3rd quarter, Holdings Channel.com reports. The fund owned 55,849 shares of the company’s stock after selling 5,141 shares during the period. Invesco S&P 500 Equal Weight ETF accounts for approximately 7.9% of Mendota Financial Group LLC’s portfolio, making the stock its 5th largest position. Mendota Financial Group LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $10,595,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of RSP. Nova Wealth Management Inc. acquired a new position in Invesco S&P 500 Equal Weight ETF during the second quarter worth approximately $25,000. Uniplan Investment Counsel Inc. acquired a new position in shares of Invesco S&P 500 Equal Weight ETF in the 1st quarter valued at $26,000. Investment Counsel Co. of Nevada purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 2nd quarter valued at $29,000. Tompkins Financial Corp purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 3rd quarter valued at $32,000. Finally, Howe & Rusling Inc. increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 190.8% during the 1st quarter. Howe & Rusling Inc. now owns 189 shares of the company’s stock worth $33,000 after buying an additional 124 shares during the last quarter. 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%

Shares of RSP opened at $192.88 on Monday. Invesco S&P 500 Equal Weight ETF has a twelve month low of $150.35 and a twelve month high of $195.46. The firm has a market capitalization of $74.61 billion, a P/E ratio of 20.10 and a beta of 0.99. The stock’s fifty day simple moving average is $189.36 and its 200 day simple moving average is $186.66.

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). 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.