Glenmede Investment Management LP Has $95.56 Million Holdings in Invesco S&P 500 Equal Weight ETF $RSP

Glenmede Investment Management LP decreased its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 5.2% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 503,743 shares of the company’s stock after selling 27,369 shares during the period. Glenmede Investment Management LP owned approximately 0.13% of Invesco S&P 500 Equal Weight ETF worth $95,560,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. NBZ Investment Advisors LLC acquired a new position in Invesco S&P 500 Equal Weight ETF in the 3rd quarter worth $26,000. Aviso Financial Inc. bought a new position in Invesco S&P 500 Equal Weight ETF during the 3rd quarter worth about $28,000. Investment Counsel Co. of Nevada acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 2nd quarter valued at about $29,000. Tompkins Financial Corp acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 3rd quarter valued at about $32,000. Finally, IMA Advisory Services Inc. bought a new stake in shares of Invesco S&P 500 Equal Weight ETF in the third quarter valued at about $33,000. 61.18% of the stock is currently owned by institutional investors and hedge funds.

Invesco S&P 500 Equal Weight ETF Price Performance

RSP stock opened at $193.52 on Friday. The stock has a market capitalization of $80.25 billion, a P/E ratio of 20.10 and a beta of 0.99. The business has a 50-day moving average of $199.87 and a 200-day moving average of $193.13. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $150.35 and a fifty-two week high of $205.24.

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). 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.