Banque Cantonale Vaudoise Cuts Stock Position in Invesco S&P 500 Equal Weight ETF $RSP

Banque Cantonale Vaudoise decreased its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 49.0% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,102 shares of the company’s stock after selling 3,937 shares during the period. Banque Cantonale Vaudoise’s holdings in Invesco S&P 500 Equal Weight ETF were worth $778,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. NBZ Investment Advisors LLC purchased a new stake in Invesco S&P 500 Equal Weight ETF during the third quarter worth about $26,000. Aviso Financial Inc. purchased a new position in shares of Invesco S&P 500 Equal Weight ETF in the third quarter valued at approximately $28,000. Investment Counsel Co. of Nevada purchased a new position in shares of Invesco S&P 500 Equal Weight ETF in the second quarter valued at approximately $29,000. Tompkins Financial Corp acquired a new position in shares of Invesco S&P 500 Equal Weight ETF in the third quarter valued at approximately $32,000. Finally, IMA Advisory Services Inc. acquired a new position in shares of Invesco S&P 500 Equal Weight ETF in the third quarter valued at approximately $33,000. 61.18% of the stock is currently owned by hedge funds and other institutional investors.

Invesco S&P 500 Equal Weight ETF Stock Down 1.5%

Shares of RSP opened at $193.53 on Friday. The company has a market cap of $80.26 billion, a P/E ratio of 20.10 and a beta of 0.99. 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. The firm’s 50 day moving average price is $199.85 and its 200 day moving average price is $193.09.

About Invesco S&P 500 Equal Weight ETF

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.