Banco Santander S.A. Lowers Stock Holdings in Invesco S&P 500 Equal Weight ETF $RSP

Banco Santander S.A. reduced its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 32.2% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 234,163 shares of the company’s stock after selling 111,116 shares during the quarter. Banco Santander S.A. owned about 0.06% of Invesco S&P 500 Equal Weight ETF worth $44,421,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in RSP. Drucker Wealth 3.0 LLC raised its holdings in Invesco S&P 500 Equal Weight ETF by 3.3% in the 3rd quarter. Drucker Wealth 3.0 LLC now owns 1,701 shares of the company’s stock worth $323,000 after purchasing an additional 55 shares during the period. Fusion Capital LLC raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 2.2% in the second quarter. Fusion Capital LLC now owns 2,564 shares of the company’s stock worth $466,000 after buying an additional 56 shares during the period. Burns J W & Co. Inc. NY lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 0.4% during the 3rd quarter. Burns J W & Co. Inc. NY now owns 13,281 shares of the company’s stock valued at $2,519,000 after buying an additional 57 shares in the last quarter. Melfa Wealth Management Inc. lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 1.7% during the 3rd quarter. Melfa Wealth Management Inc. now owns 3,473 shares of the company’s stock valued at $659,000 after buying an additional 57 shares in the last quarter. Finally, Associated Banc Corp grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 1.7% during the 3rd quarter. Associated Banc Corp now owns 3,844 shares of the company’s stock valued at $729,000 after acquiring an additional 65 shares during the period. Institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of NYSEARCA:RSP opened at $204.73 on Friday. The company has a market capitalization of $84.90 billion, a P/E ratio of 20.10 and a beta of 0.99. Invesco S&P 500 Equal Weight ETF has a 1-year low of $150.35 and a 1-year high of $205.24. The firm’s 50 day simple moving average is $198.48 and its two-hundred day simple moving average is $192.14.

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). The Index utilizes quarterly rebalancing to maintain its equal-weight stance. Under normal circumstances, the Fund will invest at least 90% of its net assets, plus any borrowing for investment purposes, in the equity securities (and derivatives thereof) included in the Index.