Phocas Financial Corp. Increases Holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Phocas Financial Corp. boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Get Rating) by 5.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 7,720 shares of the company’s stock after acquiring an additional 375 shares during the quarter. Phocas Financial Corp.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $1,090,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Truist Financial Corp grew its stake in Invesco S&P 500 Equal Weight ETF by 5.9% during the 3rd quarter. Truist Financial Corp now owns 5,867,804 shares of the company’s stock worth $746,853,000 after purchasing an additional 325,738 shares in the last quarter. Wells Fargo & Company MN grew its stake in Invesco S&P 500 Equal Weight ETF by 1.5% during the 2nd quarter. Wells Fargo & Company MN now owns 5,030,911 shares of the company’s stock worth $675,299,000 after purchasing an additional 72,693 shares in the last quarter. UBS Group AG lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 8.2% in the 3rd quarter. UBS Group AG now owns 4,978,731 shares of the company’s stock valued at $633,693,000 after purchasing an additional 379,063 shares during the last quarter. Keybank National Association OH lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 2.5% in the 3rd quarter. Keybank National Association OH now owns 4,632,607 shares of the company’s stock valued at $589,638,000 after purchasing an additional 112,817 shares during the last quarter. Finally, Royal Bank of Canada lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 6.8% in the 3rd quarter. Royal Bank of Canada now owns 2,513,164 shares of the company’s stock valued at $319,876,000 after purchasing an additional 159,896 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Trading Down 1.7 %

Shares of Invesco S&P 500 Equal Weight ETF stock traded down $2.37 on Friday, hitting $138.03. The stock had a trading volume of 4,967,326 shares, compared to its average volume of 3,332,961. Invesco S&P 500 Equal Weight ETF has a 52-week low of $124.92 and a 52-week high of $161.24. The stock has a market cap of $32.94 billion, a price-to-earnings ratio of 16.13 and a beta of 1.06. The company’s 50 day moving average price is $148.11 and its 200 day moving average price is $142.48.

Invesco S&P 500 Equal Weight ETF Company Profile

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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).