PNC Financial Services Group Inc. Sells 55,166 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

PNC Financial Services Group Inc. trimmed its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 12.2% during the 4th quarter, HoldingsChannel reports. The firm owned 397,203 shares of the company’s stock after selling 55,166 shares during the period. PNC Financial Services Group Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $69,602,000 as of its most recent filing with the SEC.

A number of other large investors have also made changes to their positions in RSP. Pettinga Financial Advisors LLC purchased a new position in shares of Invesco S&P 500 Equal Weight ETF in the third quarter worth approximately $529,000. QRG Capital Management Inc. raised its position in Invesco S&P 500 Equal Weight ETF by 7.3% in the third quarter. QRG Capital Management Inc. now owns 3,238 shares of the company’s stock worth $580,000 after acquiring an additional 219 shares during the period. Kornitzer Capital Management Inc. KS purchased a new position in shares of Invesco S&P 500 Equal Weight ETF during the 3rd quarter worth $2,730,000. Equitable Trust Co. grew its position in shares of Invesco S&P 500 Equal Weight ETF by 9.7% during the 3rd quarter. Equitable Trust Co. now owns 112,354 shares of the company’s stock valued at $20,129,000 after acquiring an additional 9,965 shares during the period. Finally, CWA Asset Management Group LLC bought a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 3rd quarter valued at $871,000.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of Invesco S&P 500 Equal Weight ETF stock opened at $176.69 on Friday. The stock has a market cap of $73.45 billion, a P/E ratio of 21.37 and a beta of 1.07. The stock’s fifty day moving average is $179.07 and its 200 day moving average is $179.13. Invesco S&P 500 Equal Weight ETF has a one year low of $158.83 and a one year high of $188.16.

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).