Invesco S&P 500 Equal Weight ETF $RSP Stock Holdings Lowered by Wealth Forward LLC

Wealth Forward LLC decreased its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 42.5% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 56,977 shares of the company’s stock after selling 42,172 shares during the quarter. Invesco S&P 500 Equal Weight ETF accounts for approximately 5.2% of Wealth Forward LLC’s investment portfolio, making the stock its 6th largest position. Wealth Forward LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $11,852,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Fearless Solutions LLC dba Best Invest boosted its stake in Invesco S&P 500 Equal Weight ETF by 2.3% in the third quarter. Fearless Solutions LLC dba Best Invest now owns 14,306 shares of the company’s stock valued at $2,976,000 after buying an additional 318 shares in the last quarter. Cresta Advisors Ltd. boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 11.0% in the 3rd quarter. Cresta Advisors Ltd. now owns 1,916 shares of the company’s stock valued at $399,000 after purchasing an additional 190 shares in the last quarter. Salem Investment Counselors Inc. boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 14.3% in the 3rd quarter. Salem Investment Counselors Inc. now owns 5,536 shares of the company’s stock valued at $1,152,000 after purchasing an additional 694 shares in the last quarter. Signal Advisors Wealth LLC grew its holdings in shares of Invesco S&P 500 Equal Weight ETF by 12.6% during the 3rd quarter. Signal Advisors Wealth LLC now owns 136,517 shares of the company’s stock valued at $28,398,000 after purchasing an additional 15,330 shares during the last quarter. Finally, GEM Asset Management LLC increased its position in Invesco S&P 500 Equal Weight ETF by 2.8% during the 3rd quarter. GEM Asset Management LLC now owns 15,944 shares of the company’s stock worth $3,317,000 after purchasing an additional 433 shares in the last quarter. 61.18% of the stock is currently owned by institutional investors and hedge funds.

Invesco S&P 500 Equal Weight ETF Price Performance

RSP stock traded down $1.85 during trading on Wednesday, reaching $211.45. 4,844,824 shares of the company were exchanged, compared to its average volume of 11,967,609. The company has a market capitalization of $97.05 billion, a price-to-earnings ratio of 20.10 and a beta of 0.92. The company has a 50-day moving average of $216.16 and a two-hundred day moving average of $210.02. Invesco S&P 500 Equal Weight ETF has a twelve month low of $182.11 and a twelve month high of $223.43.

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.