Bryn Mawr Trust Advisors LLC Grows Stock Holdings in Invesco S&P 500 Equal Weight ETF $RSP

Bryn Mawr Trust Advisors LLC lifted its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 5.8% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 49,184 shares of the company’s stock after acquiring an additional 2,715 shares during the quarter. Bryn Mawr Trust Advisors LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $9,439,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the business. Dorato Capital Management purchased a new stake in Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at $26,000. Nalls Sherbakoff Group LLC acquired a new stake in Invesco S&P 500 Equal Weight ETF during the 4th quarter worth about $29,000. Hurley Capital LLC raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 200.0% during the 4th quarter. Hurley Capital LLC now owns 177 shares of the company’s stock valued at $34,000 after buying an additional 118 shares during the last quarter. Basepoint Wealth LLC purchased a new position in shares of Invesco S&P 500 Equal Weight ETF during the 4th quarter valued at about $40,000. Finally, Murphy & Mullick Capital Management Corp purchased a new position in shares of Invesco S&P 500 Equal Weight ETF during the 4th quarter valued at about $42,000. Hedge funds and other institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Stock Down 0.0%

Shares of RSP stock opened at $214.23 on Tuesday. The stock has a market cap of $96.70 billion, a PE ratio of 20.10 and a beta of 0.91. The business has a 50-day simple moving average of $208.80 and a 200-day simple moving average of $201.85. Invesco S&P 500 Equal Weight ETF has a 52-week low of $179.94 and a 52-week high of $216.37.

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.