Grimes & Company Inc. Has $31.94 Million Holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Grimes & Company Inc. lessened its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 25.9% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 178,295 shares of the company’s stock after selling 62,309 shares during the period. Invesco S&P 500 Equal Weight ETF comprises 0.9% of Grimes & Company Inc.’s investment portfolio, making the stock its 20th largest holding. Grimes & Company Inc. owned about 0.05% of Invesco S&P 500 Equal Weight ETF worth $31,943,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of RSP. Eastern Bank bought a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 3rd quarter valued at approximately $28,000. Fairman Group LLC bought a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 1st quarter valued at approximately $27,000. DHJJ Financial Advisors Ltd. grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 107.5% in the 2nd quarter. DHJJ Financial Advisors Ltd. now owns 193 shares of the company’s stock valued at $32,000 after buying an additional 100 shares in the last quarter. Creekmur Asset Management LLC grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 86.5% in the 1st quarter. Creekmur Asset Management LLC now owns 194 shares of the company’s stock valued at $33,000 after buying an additional 90 shares in the last quarter. Finally, Central Bank & Trust Co. bought a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 2nd quarter valued at approximately $36,000.

Invesco S&P 500 Equal Weight ETF Trading Up 0.2 %

Invesco S&P 500 Equal Weight ETF stock traded up $0.34 during trading hours on Thursday, reaching $179.26. 439,068 shares of the company were exchanged, compared to its average volume of 6,061,875. The firm has a market cap of $60.04 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90. The stock has a 50-day moving average of $176.18 and a 200 day moving average of $169.10. Invesco S&P 500 Equal Weight ETF has a 12 month low of $133.34 and a 12 month high of $182.22.

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).