Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) Position Decreased by Raymond James & Associates

Raymond James & Associates trimmed its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 1.7% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,446,364 shares of the company’s stock after selling 24,916 shares during the quarter. Raymond James & Associates owned approximately 0.43% of Invesco S&P 500 Equal Weight ETF worth $244,971,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in RSP. Clal Insurance Enterprises Holdings Ltd acquired a new position in shares of Invesco S&P 500 Equal Weight ETF in the fourth quarter worth about $860,010,000. Balyasny Asset Management L.P. bought a new position in Invesco S&P 500 Equal Weight ETF during the fourth quarter valued at approximately $671,392,000. Morgan Stanley raised its position in Invesco S&P 500 Equal Weight ETF by 12.8% during the third quarter. Morgan Stanley now owns 18,941,150 shares of the company’s stock valued at $2,683,772,000 after acquiring an additional 2,153,993 shares in the last quarter. Global Assets Advisory LLC bought a new position in Invesco S&P 500 Equal Weight ETF during the first quarter valued at approximately $284,337,000. Finally, Bank of New York Mellon Corp raised its position in shares of Invesco S&P 500 Equal Weight ETF by 70.7% in the third quarter. Bank of New York Mellon Corp now owns 3,732,901 shares of the company’s stock valued at $528,915,000 after purchasing an additional 1,545,894 shares during the period.

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

Shares of NYSEARCA:RSP traded up $0.08 during trading on Friday, reaching $162.43. The stock had a trading volume of 5,649,491 shares, compared to its average volume of 6,594,313. Invesco S&P 500 Equal Weight ETF has a 52 week low of $133.34 and a 52 week high of $169.80. The firm has a market capitalization of $55.15 billion, a price-to-earnings ratio of 20.43 and a beta of 0.93. The stock has a fifty day simple moving average of $164.11 and a two-hundred day simple moving average of $155.22.

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).