Focus Partners Advisor Solutions LLC Sells 14,783 Shares of Invesco S&P 500 Equal Weight ETF $RSP

Focus Partners Advisor Solutions LLC lessened its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 22.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 49,793 shares of the company’s stock after selling 14,783 shares during the quarter. Focus Partners Advisor Solutions LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $9,538,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Dorato Capital Management bought a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 4th quarter valued at about $26,000. NBZ Investment Advisors LLC bought a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 3rd quarter valued at about $26,000. Aviso Financial Inc. bought a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 3rd quarter valued at about $28,000. IMA Advisory Services Inc. bought a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 3rd quarter valued at about $33,000. Finally, Goodman Advisory Group LLC bought a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 3rd quarter valued at about $35,000. Institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Trading Down 0.1%

Shares of RSP opened at $207.61 on Tuesday. The company has a market cap of $89.57 billion, a PE ratio of 20.10 and a beta of 0.91. The stock has a 50-day moving average price of $201.87 and a 200-day moving average price of $198.13. Invesco S&P 500 Equal Weight ETF has a 12-month low of $175.98 and a 12-month high of $210.95.

Invesco S&P 500 Equal Weight ETF Profile

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). The Index utilizes quarterly rebalancing to maintain its equal-weight stance. Under normal circumstances, the Fund will invest at least 90% of its net assets, plus any borrowing for investment purposes, in the equity securities (and derivatives thereof) included in the Index.