Invesco S&P 500 Equal Weight ETF $RSP Stock Sold by Fairvoy Private Wealth LLC

Fairvoy Private Wealth LLC reduced its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 16.5% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 33,863 shares of the company’s stock after selling 6,684 shares during the quarter. Invesco S&P 500 Equal Weight ETF comprises 1.4% of Fairvoy Private Wealth LLC’s holdings, making the stock its 19th largest position. Fairvoy Private Wealth LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $7,044,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently bought and sold shares of RSP. Highland Investment Advisors LLC acquired a new position in shares of Invesco S&P 500 Equal Weight ETF in the second quarter valued at approximately $26,000. Brandywine Financial Group increased its stake in shares of Invesco S&P 500 Equal Weight ETF by 636.8% during the second quarter. Brandywine Financial Group now owns 140 shares of the company’s stock worth $30,000 after purchasing an additional 121 shares during the period. Nalls Sherbakoff Group LLC acquired a new stake in Invesco S&P 500 Equal Weight ETF during the 4th quarter worth approximately $29,000. Rogco LP acquired a new stake in Invesco S&P 500 Equal Weight ETF during the 2nd quarter worth approximately $34,000. Finally, Asset Dedication LLC acquired a new stake in Invesco S&P 500 Equal Weight ETF during the 1st quarter worth approximately $36,000. 61.18% of the stock is currently owned by institutional investors and hedge funds.

Invesco S&P 500 Equal Weight ETF Price Performance

RSP traded down $0.69 during trading on Monday, hitting $213.40. The stock had a trading volume of 5,971,682 shares, compared to its average volume of 11,953,941. The company has a 50 day moving average price of $215.81 and a 200-day moving average price of $210.53. The firm has a market cap of $98.62 billion, a price-to-earnings ratio of 20.10 and a beta of 0.92. Invesco S&P 500 Equal Weight ETF has a one year low of $182.11 and a one year high of $223.43.

Invesco S&P 500 Equal Weight ETF Company 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.