Smithfield Trust Co Trims Holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Smithfield Trust Co trimmed its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 17.9% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 4,493 shares of the company’s stock after selling 978 shares during the quarter. Smithfield Trust Co’s holdings in Invesco S&P 500 Equal Weight ETF were worth $805,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of RSP. Eastern Bank bought a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 3rd quarter worth about $28,000. Richardson Financial Services Inc. raised its holdings in shares of Invesco S&P 500 Equal Weight ETF by 100.0% in the 3rd quarter. Richardson Financial Services Inc. now owns 166 shares of the company’s stock valued at $29,000 after purchasing an additional 83 shares in the last quarter. GHP Investment Advisors Inc. lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 79.1% in the 3rd quarter. GHP Investment Advisors Inc. now owns 163 shares of the company’s stock worth $29,000 after purchasing an additional 72 shares during the period. DHJJ Financial Advisors Ltd. boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 107.5% during the second quarter. DHJJ Financial Advisors Ltd. now owns 193 shares of the company’s stock valued at $32,000 after purchasing an additional 100 shares in the last quarter. Finally, Creekmur Asset Management LLC increased its holdings in Invesco S&P 500 Equal Weight ETF by 86.5% during the first quarter. Creekmur Asset Management LLC now owns 194 shares of the company’s stock valued at $33,000 after buying an additional 90 shares during the period.

Invesco S&P 500 Equal Weight ETF Trading Up 1.3 %

Shares of NYSEARCA RSP opened at $184.08 on Friday. The stock has a market capitalization of $61.66 billion, a PE ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a 12-month low of $146.01 and a 12-month high of $185.79. The stock’s fifty day simple moving average is $179.45 and its two-hundred day simple moving average is $171.75.

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).