Yelin Lapidot Holdings Management Ltd. trimmed its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) by 16.4% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 81,510 shares of the company’s stock after selling 15,950 shares during the period. Invesco S&P 500 Equal Weight ETF accounts for 2.7% of Yelin Lapidot Holdings Management Ltd.’s portfolio, making the stock its 10th biggest position. Yelin Lapidot Holdings Management Ltd.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $14,814,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. Nova Wealth Management Inc. bought a new position in shares of Invesco S&P 500 Equal Weight ETF during the second quarter valued at approximately $25,000. Uniplan Investment Counsel Inc. purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 1st quarter worth approximately $26,000. Howe & Rusling Inc. increased its position in 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 valued at $33,000 after buying an additional 124 shares in the last quarter. GoalVest Advisory LLC bought a new position in Invesco S&P 500 Equal Weight ETF during the 2nd quarter valued at approximately $34,000. Finally, Hanson & Doremus Investment Management raised its stake in Invesco S&P 500 Equal Weight ETF by 30.5% during the second quarter. Hanson & Doremus Investment Management now owns 308 shares of the company’s stock valued at $56,000 after buying an additional 72 shares during the last quarter. Hedge funds and other institutional investors own 61.18% of the company’s stock.
Invesco S&P 500 Equal Weight ETF Trading Down 0.3%
NYSEARCA RSP opened at $185.45 on Friday. 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’s fifty day moving average price is $188.77 and its 200-day moving average price is $182.90. The stock has a market cap of $71.74 billion, a P/E ratio of 20.10 and a beta of 0.99.
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).
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