Mercer Global Advisors Inc. ADV Has $34.63 Million Stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Mercer Global Advisors Inc. ADV trimmed its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 1.9% during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 210,811 shares of the company’s stock after selling 4,147 shares during the period. Mercer Global Advisors Inc. ADV owned 0.06% of Invesco S&P 500 Equal Weight ETF worth $34,632,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. True Vision MN LLC acquired a new position in shares of Invesco S&P 500 Equal Weight ETF in the 2nd quarter valued at about $430,000. Wealth Alliance grew its position in Invesco S&P 500 Equal Weight ETF by 4.5% during the second quarter. Wealth Alliance now owns 3,914 shares of the company’s stock valued at $643,000 after purchasing an additional 170 shares in the last quarter. Bradley Foster & Sargent Inc. CT grew its position in Invesco S&P 500 Equal Weight ETF by 2.1% during the second quarter. Bradley Foster & Sargent Inc. CT now owns 60,294 shares of the company’s stock valued at $9,905,000 after purchasing an additional 1,244 shares in the last quarter. Fairway Wealth LLC increased its stake in Invesco S&P 500 Equal Weight ETF by 24.7% in the 2nd quarter. Fairway Wealth LLC now owns 47,188 shares of the company’s stock valued at $7,752,000 after buying an additional 9,351 shares during the period. Finally, Firestone Capital Management lifted its position in Invesco S&P 500 Equal Weight ETF by 0.5% in the 2nd quarter. Firestone Capital Management now owns 38,477 shares of the company’s stock worth $6,321,000 after buying an additional 175 shares in the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Down 0.2 %

Invesco S&P 500 Equal Weight ETF stock opened at $176.21 on Thursday. Invesco S&P 500 Equal Weight ETF has a 12 month low of $133.34 and a 12 month high of $178.40. The stock has a market cap of $59.02 billion, a P/E ratio of 20.44 and a beta of 0.90. The company’s fifty day simple moving average is $170.76 and its 200-day simple moving average is $166.88.

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).