Main Management LLC Trims Stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Main Management LLC reduced its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 7.1% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 167,852 shares of the company’s stock after selling 12,911 shares during the period. Invesco S&P 500 Equal Weight ETF accounts for approximately 2.6% of Main Management LLC’s investment portfolio, making the stock its 13th biggest holding. Main Management LLC owned approximately 0.11% of Invesco S&P 500 Equal Weight ETF worth $17,530,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Trustcore Financial Services LLC lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 441.2% during the 4th quarter. Trustcore Financial Services LLC now owns 276 shares of the company’s stock worth $25,000 after buying an additional 225 shares in the last quarter. Lehman & Derafelo Financial Resources LLC bought a new position in shares of Invesco S&P 500 Equal Weight ETF during the 4th quarter worth approximately $34,000. Tompkins Financial Corp increased its stake in shares of Invesco S&P 500 Equal Weight ETF by 627.3% during the 1st quarter. Tompkins Financial Corp now owns 400 shares of the company’s stock worth $42,000 after purchasing an additional 345 shares during the last quarter. Sontag Advisory LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 4th quarter worth approximately $55,000. Finally, Executive Wealth Management LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 4th quarter worth approximately $60,000.

Shares of RSP stock traded up $0.98 during trading hours on Friday, hitting $107.80. 446,975 shares of the company were exchanged, compared to its average volume of 839,923. Invesco S&P 500 Equal Weight ETF has a 52-week low of $85.76 and a 52-week high of $108.89. The company’s fifty day moving average price is $104.97.

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).

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Institutional Ownership by Quarter for Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

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