Bridges Investment Management Inc. Sells 378 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Bridges Investment Management Inc. cut its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 6.1% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 5,820 shares of the company’s stock after selling 378 shares during the quarter. Bridges Investment Management Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $1,020,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in RSP. Strategic Financial Concepts LLC increased its holdings in Invesco S&P 500 Equal Weight ETF by 21,084.0% during the 4th quarter. Strategic Financial Concepts LLC now owns 8,491,606 shares of the company’s stock valued at $1,487,984,000 after purchasing an additional 8,451,521 shares in the last quarter. SPX Gestao de Recursos Ltda grew its holdings in shares of Invesco S&P 500 Equal Weight ETF by 1,502.5% during the third quarter. SPX Gestao de Recursos Ltda now owns 895,000 shares of the company’s stock worth $160,348,000 after purchasing an additional 839,150 shares during the last quarter. Heck Capital Advisors LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at $83,931,000. Penserra Capital Management LLC raised its holdings in shares of Invesco S&P 500 Equal Weight ETF by 2,274.4% in the third quarter. Penserra Capital Management LLC now owns 486,095 shares of the company’s stock valued at $87,088,000 after buying an additional 465,623 shares during the last quarter. Finally, Kovitz Investment Group Partners LLC lifted its position in Invesco S&P 500 Equal Weight ETF by 1,116.1% during the 3rd quarter. Kovitz Investment Group Partners LLC now owns 386,527 shares of the company’s stock worth $64,951,000 after buying an additional 354,742 shares in the last quarter.

Invesco S&P 500 Equal Weight ETF Trading Up 1.1 %

RSP opened at $180.18 on Monday. Invesco S&P 500 Equal Weight ETF has a 1-year low of $158.83 and a 1-year high of $188.16. The stock has a market capitalization of $74.90 billion, a PE ratio of 21.37 and a beta of 1.07. The firm has a 50-day moving average price of $179.15 and a two-hundred day moving average price of $179.00.

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).