NorthRock Partners LLC Sells 18,456 Shares of Invesco S&P 500 Equal Weight ETF $RSP

NorthRock Partners LLC decreased its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 64.1% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 10,353 shares of the company’s stock after selling 18,456 shares during the quarter. NorthRock Partners LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $2,203,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Morgan Stanley lifted its holdings in Invesco S&P 500 Equal Weight ETF by 7.9% in the 4th quarter. Morgan Stanley now owns 31,346,217 shares of the company’s stock worth $6,004,682,000 after buying an additional 2,285,526 shares during the period. Northwestern Mutual Wealth Management Co. increased its stake in shares of Invesco S&P 500 Equal Weight ETF by 3.8% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 26,252,217 shares of the company’s stock valued at $5,028,875,000 after buying an additional 959,176 shares during the period. Bank of America Corp DE raised its holdings in shares of Invesco S&P 500 Equal Weight ETF by 16.4% during the first quarter. Bank of America Corp DE now owns 25,370,060 shares of the company’s stock valued at $4,869,022,000 after acquiring an additional 3,567,441 shares in the last quarter. Invesco Ltd. raised its holdings in shares of Invesco S&P 500 Equal Weight ETF by 4.6% during the fourth quarter. Invesco Ltd. now owns 10,144,784 shares of the company’s stock valued at $1,943,335,000 after acquiring an additional 444,846 shares in the last quarter. Finally, State of Wisconsin Investment Board raised its holdings in shares of Invesco S&P 500 Equal Weight ETF by 14.3% during the fourth quarter. State of Wisconsin Investment Board now owns 8,485,519 shares of the company’s stock valued at $1,625,486,000 after acquiring an additional 1,060,181 shares in the last quarter. 61.18% of the stock is owned by institutional investors.

Invesco S&P 500 Equal Weight ETF Stock Down 1.0%

NYSEARCA:RSP opened at $214.64 on Thursday. The stock has a market cap of $97.00 billion, a P/E ratio of 20.10 and a beta of 0.91. The firm’s fifty day simple moving average is $217.44 and its 200 day simple moving average is $207.70. Invesco S&P 500 Equal Weight ETF has a twelve month low of $182.11 and a twelve month high of $223.43.

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.