Bank of New York Mellon Corp Has $273.51 Million Stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Bank of New York Mellon Corp boosted its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 0.5% in the fourth quarter, Holdings Channel.com reports. The firm owned 1,560,883 shares of the company’s stock after purchasing an additional 7,532 shares during the quarter. Bank of New York Mellon Corp’s holdings in Invesco S&P 500 Equal Weight ETF were worth $273,513,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of RSP. SJS Investment Consulting Inc. grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 157.1% in the fourth quarter. SJS Investment Consulting Inc. now owns 144 shares of the company’s stock worth $25,000 after purchasing an additional 88 shares during the last quarter. Van ECK Associates Corp raised its position in Invesco S&P 500 Equal Weight ETF by 105.4% during the 4th quarter. Van ECK Associates Corp now owns 152 shares of the company’s stock worth $27,000 after purchasing an additional 78 shares during the last quarter. FPC Investment Advisory Inc. acquired a new position in Invesco S&P 500 Equal Weight ETF during the 4th quarter worth about $28,000. Truvestments Capital LLC bought a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 3rd quarter valued at about $29,000. Finally, Hemington Wealth Management grew its position in shares of Invesco S&P 500 Equal Weight ETF by 84.0% in the 4th quarter. Hemington Wealth Management now owns 184 shares of the company’s stock valued at $32,000 after buying an additional 84 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of RSP opened at $179.77 on Thursday. The business has a 50-day moving average of $179.00 and a 200-day moving average of $178.75. The company has a market capitalization of $74.73 billion, a price-to-earnings ratio of 21.37 and a beta of 1.07. Invesco S&P 500 Equal Weight ETF has a 1 year low of $158.83 and a 1 year high of $188.16.

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).