TD Waterhouse Canada Inc. Sells 28,891 Shares of Invesco S&P 500 Equal Weight ETF $RSP

TD Waterhouse Canada Inc. reduced its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 17.1% during the third quarter, HoldingsChannel.com reports. The firm owned 139,587 shares of the company’s stock after selling 28,891 shares during the period. TD Waterhouse Canada Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $29,178,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Venture Visionary Partners LLC increased its stake in shares of Invesco S&P 500 Equal Weight ETF by 1.6% during the third quarter. Venture Visionary Partners LLC now owns 384,586 shares of the company’s stock valued at $80,002,000 after buying an additional 5,887 shares during the period. Rhodes Investment Advisors Inc. ADV bought a new stake in shares of Invesco S&P 500 Equal Weight ETF in the third quarter valued at about $794,000. NewEdge Advisors LLC lifted its stake in Invesco S&P 500 Equal Weight ETF by 16.9% in the second quarter. NewEdge Advisors LLC now owns 528,103 shares of the company’s stock worth $112,364,000 after acquiring an additional 76,324 shares during the period. Corient Private Wealth LP lifted its stake in Invesco S&P 500 Equal Weight ETF by 17.5% in the second quarter. Corient Private Wealth LP now owns 396,727 shares of the company’s stock worth $84,412,000 after acquiring an additional 58,956 shares during the period. Finally, Comprehensive Financial Consultants Institutional Inc. purchased a new stake in Invesco S&P 500 Equal Weight ETF in the third quarter worth about $2,939,000. 61.18% of the stock is owned by hedge funds and other institutional investors.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of Invesco S&P 500 Equal Weight ETF stock opened at $214.09 on Friday. Invesco S&P 500 Equal Weight ETF has a 1 year low of $182.11 and a 1 year high of $223.43. The firm’s 50-day moving average is $215.81 and its two-hundred day moving average is $210.38. The stock has a market cap of $98.92 billion, a price-to-earnings ratio of 20.10 and a beta of 0.92.

About Invesco S&P 500 Equal Weight ETF

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.