Geneos Wealth Management Inc. Sells 10,141 Shares of Invesco S&P 500 Equal Weight ETF $RSP

Geneos Wealth Management Inc. lessened its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 8.7% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 106,753 shares of the company’s stock after selling 10,141 shares during the period. Geneos Wealth Management Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $20,251,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the business. Nova Wealth Management Inc. purchased a new position in Invesco S&P 500 Equal Weight ETF during the 2nd quarter valued at about $25,000. Uniplan Investment Counsel Inc. bought a new position in shares of Invesco S&P 500 Equal Weight ETF during the first quarter valued at approximately $26,000. Investment Counsel Co. of Nevada purchased a new position in shares of Invesco S&P 500 Equal Weight ETF during the second quarter valued at approximately $29,000. Tompkins Financial Corp purchased a new position in shares of Invesco S&P 500 Equal Weight ETF during the third quarter valued at approximately $32,000. Finally, Howe & Rusling Inc. grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 190.8% in the 1st quarter. Howe & Rusling Inc. now owns 189 shares of the company’s stock worth $33,000 after buying an additional 124 shares during the last quarter. 61.18% of the stock is currently owned by institutional investors.

Invesco S&P 500 Equal Weight ETF Trading Up 0.9%

Invesco S&P 500 Equal Weight ETF stock opened at $194.65 on Tuesday. Invesco S&P 500 Equal Weight ETF has a 12 month low of $150.35 and a 12 month high of $195.46. The company has a market capitalization of $76.36 billion, a price-to-earnings ratio of 20.10 and a beta of 0.99. The business’s fifty day simple moving average is $190.19 and its two-hundred day simple moving average is $187.82.

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.