M&T Bank Corp Decreases Holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

M&T Bank Corp trimmed its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 25.2% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 9,487 shares of the company’s stock after selling 3,188 shares during the period. M&T Bank Corp’s holdings in Invesco S&P 500 Equal Weight ETF were worth $1,700,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in RSP. Northwestern Mutual Wealth Management Co. grew its holdings in 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 grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 11,793.3% during the 2nd quarter. Strategic Financial Concepts LLC now owns 6,406,233 shares of the company’s stock worth $10,524,000 after acquiring an additional 6,352,369 shares during the period. US Bancorp DE increased its holdings in Invesco S&P 500 Equal Weight ETF by 2,150.4% in the 2nd quarter. US Bancorp DE now owns 2,083,103 shares of the company’s stock worth $342,213,000 after acquiring an additional 1,990,537 shares during the last quarter. Healthcare of Ontario Pension Plan Trust Fund raised its stake in Invesco S&P 500 Equal Weight ETF by 174.6% in the 2nd 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 acquiring an additional 1,488,000 shares during the period. Finally, Members Trust Co lifted its holdings in Invesco S&P 500 Equal Weight ETF by 52,899.4% during the second quarter. Members Trust Co now owns 630,693 shares of the company’s stock valued at $103,610,000 after purchasing an additional 629,503 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Down 0.4 %

Shares of NYSEARCA:RSP opened at $182.16 on Friday. The firm has a market capitalization of $61.01 billion, a PE ratio of 20.44 and a beta of 0.90. The company has a 50-day moving average price of $182.01 and a two-hundred day moving average price of $173.94. Invesco S&P 500 Equal Weight ETF has a twelve month low of $153.10 and a twelve month high of $188.16.

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).