Perigon Wealth Management LLC Reduces Stock Position in Invesco S&P 500 Equal Weight ETF $RSP

Perigon Wealth Management LLC decreased its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 16.1% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 60,607 shares of the company’s stock after selling 11,671 shares during the quarter. Perigon Wealth Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $11,497,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Nova Wealth Management Inc. acquired a new position in shares of Invesco S&P 500 Equal Weight ETF in the second quarter valued at approximately $25,000. Uniplan Investment Counsel Inc. acquired a new stake in Invesco S&P 500 Equal Weight ETF during the first quarter worth approximately $26,000. Investment Counsel Co. of Nevada purchased a new stake in Invesco S&P 500 Equal Weight ETF in the 2nd quarter worth approximately $29,000. Tompkins Financial Corp acquired a new position in Invesco S&P 500 Equal Weight ETF in the 3rd quarter valued at $32,000. Finally, Howe & Rusling Inc. boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 190.8% during the first quarter. Howe & Rusling Inc. now owns 189 shares of the company’s stock worth $33,000 after purchasing an additional 124 shares during the last quarter. 61.18% of the stock is currently owned by hedge funds and other institutional investors.

Invesco S&P 500 Equal Weight ETF Trading Up 0.0%

NYSEARCA RSP opened at $193.84 on Friday. Invesco S&P 500 Equal Weight ETF has a twelve month low of $150.35 and a twelve month high of $195.46. The business’s 50-day moving average price is $189.93 and its 200 day moving average price is $187.13. The company has a market capitalization of $74.98 billion, a PE ratio of 20.10 and a beta of 0.99.

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.