Crumly & Associates Inc. decreased its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) by 12.5% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 23,206 shares of the company’s stock after selling 3,315 shares during the quarter. Crumly & Associates Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $4,827,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Highland Investment Advisors LLC bought a new stake in Invesco S&P 500 Equal Weight ETF during the second quarter worth about $26,000. Brandywine Financial Group increased its stake in Invesco S&P 500 Equal Weight ETF by 636.8% during the 2nd quarter. Brandywine Financial Group now owns 140 shares of the company’s stock valued at $30,000 after purchasing an additional 121 shares in the last quarter. Nalls Sherbakoff Group LLC purchased a new stake in Invesco S&P 500 Equal Weight ETF in the 4th quarter valued at $29,000. Rogco LP bought a new position in shares of Invesco S&P 500 Equal Weight ETF in the second quarter valued at approximately $34,000. Finally, Hurley Capital LLC raised its holdings in shares of Invesco S&P 500 Equal Weight ETF by 200.0% in the 4th quarter. Hurley Capital LLC now owns 177 shares of the company’s stock worth $34,000 after purchasing an additional 118 shares during the period. Institutional investors and hedge funds own 61.18% of the company’s stock.
Invesco S&P 500 Equal Weight ETF Price Performance
Shares of NYSEARCA:RSP traded down $1.50 during trading on Wednesday, hitting $210.84. 4,005,314 shares of the company were exchanged, compared to its average volume of 12,076,417. Invesco S&P 500 Equal Weight ETF has a 52-week low of $182.11 and a 52-week high of $223.43. The company has a market cap of $95.95 billion, a PE ratio of 20.10 and a beta of 0.92. The stock has a 50 day moving average of $216.59 and a 200 day moving average of $209.30.
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). 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.
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