Invesco S&P 500 Equal Weight ETF $RSP Shares Sold by Lowe Brockenbrough & Co. Inc.

Lowe Brockenbrough & Co. Inc. lowered its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 2.6% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 104,541 shares of the company’s stock after selling 2,738 shares during the quarter. Invesco S&P 500 Equal Weight ETF comprises about 1.0% of Lowe Brockenbrough & Co. Inc.’s holdings, making the stock its 23rd largest position. Lowe Brockenbrough & Co. Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $19,831,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also modified their holdings of the stock. Fusion Capital LLC raised its position in shares of Invesco S&P 500 Equal Weight ETF by 2.2% in the 2nd quarter. Fusion Capital LLC now owns 2,564 shares of the company’s stock worth $466,000 after buying an additional 56 shares during the period. Burns J W & Co. Inc. NY increased its stake in Invesco S&P 500 Equal Weight ETF by 0.4% during the third quarter. Burns J W & Co. Inc. NY now owns 13,281 shares of the company’s stock worth $2,519,000 after acquiring an additional 57 shares during the last quarter. Melfa Wealth Management Inc. raised its holdings in shares of Invesco S&P 500 Equal Weight ETF by 1.7% in the 3rd quarter. Melfa Wealth Management Inc. now owns 3,473 shares of the company’s stock worth $659,000 after purchasing an additional 57 shares during the period. Signature Estate & Investment Advisors LLC lifted its stake in shares of Invesco S&P 500 Equal Weight ETF by 1.2% in the 2nd quarter. Signature Estate & Investment Advisors LLC now owns 5,502 shares of the company’s stock valued at $1,000,000 after purchasing an additional 64 shares in the last quarter. Finally, Associated Banc Corp grew its holdings in shares of Invesco S&P 500 Equal Weight ETF by 1.7% during the 3rd quarter. Associated Banc Corp now owns 3,844 shares of the company’s stock worth $729,000 after purchasing an additional 65 shares during the period. 61.18% of the stock is currently owned by hedge funds and other institutional investors.

Invesco S&P 500 Equal Weight ETF Stock Performance

RSP opened at $202.26 on Friday. Invesco S&P 500 Equal Weight ETF has a 1 year low of $150.35 and a 1 year high of $202.49. The firm has a 50 day moving average price of $195.39 and a 200 day moving average price of $190.40. The company has a market cap of $83.88 billion, a PE ratio of 20.10 and a beta of 0.99.

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.