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

Donaldson Capital Management LLC decreased its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 37.0% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,870 shares of the company’s stock after selling 1,687 shares during the quarter. Donaldson Capital Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $486,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Strategic Blueprint LLC purchased a new stake in Invesco S&P 500 Equal Weight ETF in the third quarter valued at about $728,000. Greenwood Capital Associates LLC increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 90.4% in the third quarter. Greenwood Capital Associates LLC now owns 4,886 shares of the company’s stock valued at $692,000 after purchasing an additional 2,320 shares during the period. CX Institutional lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 18.3% during the third quarter. CX Institutional now owns 58,394 shares of the company’s stock worth $8,274,000 after purchasing an additional 9,024 shares during the period. Ballast Inc. boosted its position in Invesco S&P 500 Equal Weight ETF by 16.2% in the third quarter. Ballast Inc. now owns 64,109 shares of the company’s stock valued at $9,084,000 after buying an additional 8,941 shares during the last quarter. Finally, Galvin Gaustad & Stein LLC increased its holdings in Invesco S&P 500 Equal Weight ETF by 15.6% in the 3rd quarter. Galvin Gaustad & Stein LLC now owns 2,508 shares of the company’s stock worth $355,000 after buying an additional 338 shares during the period.

Invesco S&P 500 Equal Weight ETF Trading Up 0.0 %

NYSEARCA RSP traded up $0.08 on Friday, hitting $162.43. 5,649,491 shares of the company’s stock traded hands, compared to its average volume of 6,594,313. The firm has a market capitalization of $55.15 billion, a PE ratio of 20.43 and a beta of 0.93. Invesco S&P 500 Equal Weight ETF has a 1-year low of $133.34 and a 1-year high of $169.80. The firm’s 50-day moving average price is $164.11 and its two-hundred day moving average price is $155.04.

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).