Invesco S&P 500 Equal Weight ETF $RSP Stock Holdings Reduced by Virtue Capital Management LLC

Virtue Capital Management LLC lessened its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 26.9% in the 2nd quarter, according to its most recent filing with the SEC. The firm owned 121,317 shares of the company’s stock after selling 44,728 shares during the period. Invesco S&P 500 Equal Weight ETF comprises 4.1% of Virtue Capital Management LLC’s holdings, making the stock its 7th biggest position. Virtue Capital Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $22,048,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Northwestern Mutual Wealth Management Co. increased its holdings in Invesco S&P 500 Equal Weight ETF by 4.7% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 24,657,672 shares of the company’s stock valued at $4,481,285,000 after buying an additional 1,103,629 shares during the period. Elgethun Capital Management lifted its holdings in Invesco S&P 500 Equal Weight ETF by 25.3% during the second quarter. Elgethun Capital Management now owns 31,087 shares of the company’s stock worth $5,650,000 after buying an additional 6,278 shares during the period. GM Advisory Group LLC boosted its position in Invesco S&P 500 Equal Weight ETF by 22.7% during the 2nd quarter. GM Advisory Group LLC now owns 26,157 shares of the company’s stock valued at $4,754,000 after acquiring an additional 4,833 shares in the last quarter. Quadrant Capital Group LLC boosted its position in Invesco S&P 500 Equal Weight ETF by 2,263.6% during the 2nd quarter. Quadrant Capital Group LLC now owns 5,389 shares of the company’s stock valued at $979,000 after acquiring an additional 5,161 shares in the last quarter. Finally, Wambolt & Associates LLC increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 35.2% in the 2nd quarter. Wambolt & Associates LLC now owns 5,130 shares of the company’s stock valued at $943,000 after acquiring an additional 1,336 shares during the period. 61.18% of the stock is currently owned by institutional investors.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of NYSEARCA RSP opened at $190.50 on Friday. The stock has a market capitalization of $73.69 billion, a P/E ratio of 20.10 and a beta of 0.99. Invesco S&P 500 Equal Weight ETF has a 1-year low of $150.35 and a 1-year high of $192.33. The business has a fifty day moving average price of $188.47 and a 200 day moving average price of $184.87.

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).