FTB Advisors Inc. Purchases 17,545 Shares of Invesco S&P 500 Equal Weight ETF (RSP)

FTB Advisors Inc. increased its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 4.6% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 398,156 shares of the company’s stock after acquiring an additional 17,545 shares during the period. Invesco S&P 500 Equal Weight ETF comprises about 2.4% of FTB Advisors Inc.’s portfolio, making the stock its 3rd biggest position. FTB Advisors Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $42,527,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. FineMark National Bank & Trust lifted its holdings in Invesco S&P 500 Equal Weight ETF by 6.3% during the 2nd quarter. FineMark National Bank & Trust now owns 8,380 shares of the company’s stock worth $854,000 after buying an additional 500 shares during the period. Sheets Smith Wealth Management lifted its holdings in Invesco S&P 500 Equal Weight ETF by 2.1% during the 3rd quarter. Sheets Smith Wealth Management now owns 28,862 shares of the company’s stock worth $3,083,000 after buying an additional 584 shares during the period. Buffington Mohr McNeal lifted its holdings in Invesco S&P 500 Equal Weight ETF by 6.2% during the 2nd quarter. Buffington Mohr McNeal now owns 12,367 shares of the company’s stock worth $1,260,000 after buying an additional 725 shares during the period. Kovack Advisors Inc. lifted its holdings in Invesco S&P 500 Equal Weight ETF by 16.4% during the 3rd quarter. Kovack Advisors Inc. now owns 5,450 shares of the company’s stock worth $582,000 after buying an additional 769 shares during the period. Finally, TIAA FSB lifted its holdings in Invesco S&P 500 Equal Weight ETF by 4.4% during the 3rd quarter. TIAA FSB now owns 18,359 shares of the company’s stock worth $1,961,000 after buying an additional 781 shares during the period.

Shares of RSP opened at $101.60 on Wednesday. Invesco S&P 500 Equal Weight ETF has a 12 month low of $94.97 and a 12 month high of $108.89.

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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).

See Also: What is the Dow Jones Industrial Average (DJIA)?

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

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