Well Done LLC Reduces Stock Position in Invesco S&P 500 Equal Weight ETF $RSP

Well Done LLC cut its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 9.7% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 37,528 shares of the company’s stock after selling 4,039 shares during the period. Invesco S&P 500 Equal Weight ETF accounts for 1.3% of Well Done LLC’s investment portfolio, making the stock its 13th biggest position. Well Done LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $6,820,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of RSP. Battery Global Advisors LLC grew its position in shares of Invesco S&P 500 Equal Weight ETF by 0.5% in the first quarter. Battery Global Advisors LLC now owns 12,604 shares of the company’s stock valued at $2,183,000 after purchasing an additional 60 shares in the last quarter. Rosenberg Matthew Hamilton grew its holdings in Invesco S&P 500 Equal Weight ETF by 1.6% during the 1st quarter. Rosenberg Matthew Hamilton now owns 3,951 shares of the company’s stock valued at $684,000 after buying an additional 61 shares in the last quarter. Ehrlich Financial Group grew its holdings in Invesco S&P 500 Equal Weight ETF by 1.4% during the 2nd quarter. Ehrlich Financial Group now owns 4,792 shares of the company’s stock valued at $871,000 after buying an additional 65 shares in the last quarter. Live Oak Private Wealth LLC increased its position in shares of Invesco S&P 500 Equal Weight ETF by 2.0% during the first quarter. Live Oak Private Wealth LLC now owns 3,428 shares of the company’s stock valued at $594,000 after buying an additional 67 shares during the period. Finally, Samalin Investment Counsel LLC lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 0.9% in the first quarter. Samalin Investment Counsel LLC now owns 7,478 shares of the company’s stock worth $1,295,000 after buying an additional 67 shares in the last quarter. Institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Trading Down 0.2%

RSP stock opened at $188.27 on Thursday. The firm has a 50 day moving average of $186.69 and a 200-day moving average of $178.32. The firm has a market capitalization of $74.63 billion, a P/E ratio of 20.10 and a beta of 1.05. Invesco S&P 500 Equal Weight ETF has a 12 month low of $150.35 and a 12 month high of $190.54.

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).