Trust Co of Tennessee Purchases 12,435 Shares of Invesco S&P 500 Equal Weight ETF $RSP

Trust Co of Tennessee lifted its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 1.3% in the 3rd quarter, Holdings Channel.com reports. The fund owned 1,000,351 shares of the company’s stock after acquiring an additional 12,435 shares during the period. Invesco S&P 500 Equal Weight ETF comprises 36.9% of Trust Co of Tennessee’s investment portfolio, making the stock its largest holding. Trust Co of Tennessee’s holdings in Invesco S&P 500 Equal Weight ETF were worth $208,091,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in RSP. Bank of America Corp DE grew its holdings in Invesco S&P 500 Equal Weight ETF by 16.4% during the 1st quarter. Bank of America Corp DE now owns 25,370,060 shares of the company’s stock valued at $4,869,022,000 after purchasing an additional 3,567,441 shares during the last quarter. BlueCrest Capital Management Ltd purchased a new stake in Invesco S&P 500 Equal Weight ETF in the 2nd quarter worth about $400,736,000. Clal Insurance Enterprises Holdings Ltd lifted its stake in Invesco S&P 500 Equal Weight ETF by 3.7% in the first quarter. Clal Insurance Enterprises Holdings Ltd now owns 1,660,000 shares of the company’s stock worth $318,587,000 after purchasing an additional 60,000 shares during the last quarter. Rockefeller Capital Management L.P. lifted its stake in Invesco S&P 500 Equal Weight ETF by 8.2% in the fourth quarter. Rockefeller Capital Management L.P. now owns 1,434,548 shares of the company’s stock worth $274,802,000 after purchasing an additional 108,552 shares during the last quarter. Finally, Janney Montgomery Scott LLC lifted its stake in Invesco S&P 500 Equal Weight ETF by 19.4% in the first quarter. Janney Montgomery Scott LLC now owns 830,928 shares of the company’s stock worth $159,472,000 after purchasing an additional 135,061 shares during the last quarter. 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 NYSEARCA:RSP 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 business has a 50 day simple moving average of $215.81 and a two-hundred day simple moving average of $210.38. The firm has a market capitalization of $98.92 billion, a PE ratio of 20.10 and a beta of 0.92.

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.