Invesco S&P 500 Equal Weight ETF $RSP Stock: Vigilare Wealth Management Lowers Holdings

Vigilare Wealth Management lowered its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 74.2% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 9,675 shares of the company’s stock after selling 27,782 shares during the period. Vigilare Wealth Management’s holdings in Invesco S&P 500 Equal Weight ETF were worth $2,013,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the business. Traynor Capital Management Inc. raised its position in shares of Invesco S&P 500 Equal Weight ETF by 24.6% during the 3rd quarter. Traynor Capital Management Inc. now owns 2,104 shares of the company’s stock worth $438,000 after acquiring an additional 416 shares in the last quarter. Walled Lake Planning & Wealth Management LLC boosted its holdings in Invesco S&P 500 Equal Weight ETF by 6.6% in the third quarter. Walled Lake Planning & Wealth Management LLC now owns 76,713 shares of the company’s stock valued at $15,958,000 after purchasing an additional 4,717 shares in the last quarter. Bank Julius Baer & Co. Ltd Zurich acquired a new position in Invesco S&P 500 Equal Weight ETF in the third quarter valued at approximately $15,204,000. Columbia Bank purchased a new position in Invesco S&P 500 Equal Weight ETF in the third quarter valued at approximately $224,000. Finally, Mirae Asset Global Investments Co. Ltd. purchased a new position in Invesco S&P 500 Equal Weight ETF in the third quarter valued at approximately $9,211,000. Hedge funds and other institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Stock Performance

RSP stock opened at $218.31 on Monday. Invesco S&P 500 Equal Weight ETF has a twelve month low of $182.11 and a twelve month high of $223.43. The company’s 50 day moving average is $215.05 and its two-hundred day moving average is $207.75. The stock has a market cap of $100.24 billion, a P/E ratio of 20.10 and a beta of 0.92.

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.