Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) is Baltimore Washington Financial Advisors Inc.’s 4th Largest Position

Baltimore Washington Financial Advisors Inc. reduced its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 0.7% in the third quarter, Holdings Channel reports. The firm owned 340,213 shares of the company’s stock after selling 2,286 shares during the period. Invesco S&P 500 Equal Weight ETF accounts for approximately 3.3% of Baltimore Washington Financial Advisors Inc.’s holdings, making the stock its 4th largest position. Baltimore Washington Financial Advisors Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $60,953,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently made changes to their positions in RSP. Northwestern Mutual Wealth Management Co. boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 855.5% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 20,539,639 shares of the company’s stock valued at $3,379,816,000 after purchasing an additional 18,390,083 shares during the period. Strategic Financial Concepts LLC boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 11,793.3% during the second quarter. Strategic Financial Concepts LLC now owns 6,406,233 shares of the company’s stock valued at $10,524,000 after purchasing an additional 6,352,369 shares during the period. US Bancorp DE boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 2,150.4% during the second quarter. US Bancorp DE now owns 2,083,103 shares of the company’s stock valued at $342,213,000 after purchasing an additional 1,990,537 shares during the period. Healthcare of Ontario Pension Plan Trust Fund boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 174.6% during the second quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 2,340,000 shares of the company’s stock valued at $384,415,000 after purchasing an additional 1,488,000 shares during the period. Finally, Envestnet Portfolio Solutions Inc. boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 1,276.7% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 758,169 shares of the company’s stock valued at $124,552,000 after purchasing an additional 703,098 shares during the period.

Invesco S&P 500 Equal Weight ETF Trading Up 0.8 %

Shares of RSP opened at $185.53 on Friday. The firm has a market capitalization of $62.14 billion, a P/E ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a 12-month low of $146.09 and a 12-month high of $185.79. The firm has a fifty day moving average price of $179.66 and a 200-day moving average price of $171.95.

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).