49,633 Invesco S&P 500 Equal Weight ETF $RSP Shares Sold by Sigma Investment Counselors Inc.

Sigma Investment Counselors Inc. cut its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) by 18.3% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 221,822 shares of the company’s stock after selling 49,633 shares during the quarter. Invesco S&P 500 Equal Weight ETF comprises approximately 2.2% of Sigma Investment Counselors Inc.’s portfolio, making the stock its 7th largest holding. Sigma Investment Counselors Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $46,143,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Venture Visionary Partners LLC grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 1.6% in the 3rd quarter. Venture Visionary Partners LLC now owns 384,586 shares of the company’s stock valued at $80,002,000 after purchasing an additional 5,887 shares during the last quarter. Rhodes Investment Advisors Inc. ADV acquired a new position in shares of Invesco S&P 500 Equal Weight ETF in the third quarter valued at approximately $794,000. Corient Private Wealth LP raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 17.5% during the second quarter. Corient Private Wealth LP now owns 396,727 shares of the company’s stock worth $84,412,000 after purchasing an additional 58,956 shares during the last quarter. Echo45 Advisors LLC raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 2.8% during the second quarter. Echo45 Advisors LLC now owns 87,450 shares of the company’s stock worth $18,607,000 after purchasing an additional 2,346 shares during the last quarter. Finally, NewEdge Advisors LLC raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 16.9% during the second quarter. NewEdge Advisors LLC now owns 528,103 shares of the company’s stock worth $112,364,000 after purchasing an additional 76,324 shares during the last quarter. 61.18% of the stock is currently owned by institutional investors and hedge funds.

Invesco S&P 500 Equal Weight ETF Stock Up 0.1%

Shares of NYSEARCA:RSP opened at $217.52 on Wednesday. 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 50-day moving average price of $215.18 and a 200 day moving average price of $207.43. The company has a market cap of $99.79 billion, a P/E ratio of 20.10 and a beta of 0.92.

About Invesco S&P 500 Equal Weight ETF

(Free Report)

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.

Recommended Stories

Institutional Ownership by Quarter for Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Receive News & Ratings for Invesco S&P 500 Equal Weight ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco S&P 500 Equal Weight ETF and related companies with MarketBeat.com's FREE daily email newsletter.