Glenmede Trust Co. NA Sells 37,223 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Glenmede Trust Co. NA lowered its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 6.2% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 560,958 shares of the company’s stock after selling 37,223 shares during the quarter. Glenmede Trust Co. NA owned about 0.17% of Invesco S&P 500 Equal Weight ETF worth $100,501,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of the business. Creekmur Asset Management LLC raised its position in Invesco S&P 500 Equal Weight ETF by 86.5% during the 1st quarter. Creekmur Asset Management LLC now owns 194 shares of the company’s stock valued at $33,000 after purchasing an additional 90 shares in the last quarter. Tidal Investments LLC raised its holdings in shares of Invesco S&P 500 Equal Weight ETF by 407.8% in the first quarter. Tidal Investments LLC now owns 8,099 shares of the company’s stock valued at $1,372,000 after acquiring an additional 6,504 shares in the last quarter. Citizens Financial Group Inc. RI lifted its stake in Invesco S&P 500 Equal Weight ETF by 213.3% in the first quarter. Citizens Financial Group Inc. RI now owns 9,093 shares of the company’s stock worth $1,540,000 after acquiring an additional 6,191 shares during the period. Strategic Wealth Partners Ltd. grew its holdings in Invesco S&P 500 Equal Weight ETF by 12.1% during the 1st quarter. Strategic Wealth Partners Ltd. now owns 54,609 shares of the company’s stock worth $9,249,000 after acquiring an additional 5,876 shares in the last quarter. Finally, LRI Investments LLC bought a new position in Invesco S&P 500 Equal Weight ETF during the 1st quarter worth about $43,000.

Invesco S&P 500 Equal Weight ETF Stock Performance

NYSEARCA:RSP opened at $187.23 on Wednesday. The firm has a 50-day simple moving average of $180.09 and a 200-day simple moving average of $172.30. Invesco S&P 500 Equal Weight ETF has a one year low of $146.09 and a one year high of $187.99. The firm has a market cap of $62.71 billion, a P/E ratio of 20.44 and a beta of 0.90.

Invesco S&P 500 Equal Weight ETF Company 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).