Invesco S&P 500 Equal Weight ETF $RSP Shares Sold by Invesco Ltd.

Invesco Ltd. decreased its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 4.7% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 9,699,938 shares of the company’s stock after selling 481,616 shares during the quarter. Invesco Ltd. owned 2.51% of Invesco S&P 500 Equal Weight ETF worth $1,840,078,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in RSP. Drucker Wealth 3.0 LLC boosted its holdings in Invesco S&P 500 Equal Weight ETF by 3.3% in the third quarter. Drucker Wealth 3.0 LLC now owns 1,701 shares of the company’s stock worth $323,000 after purchasing an additional 55 shares during the period. Strategies Wealth Advisors LLC lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 3.5% in the 3rd quarter. Strategies Wealth Advisors LLC now owns 1,618 shares of the company’s stock worth $307,000 after buying an additional 55 shares during the last quarter. Battery Global Advisors LLC boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 0.4% in the 3rd quarter. Battery Global Advisors LLC now owns 12,710 shares of the company’s stock valued at $2,411,000 after buying an additional 55 shares during the period. Fusion Capital LLC grew its position in shares of Invesco S&P 500 Equal Weight ETF by 2.2% during the 2nd quarter. Fusion Capital LLC now owns 2,564 shares of the company’s stock valued at $466,000 after buying an additional 56 shares during the last quarter. Finally, Burns J W & Co. Inc. NY grew its position in shares of Invesco S&P 500 Equal Weight ETF by 0.4% during the 3rd quarter. Burns J W & Co. Inc. NY now owns 13,281 shares of the company’s stock valued at $2,519,000 after buying an additional 57 shares during the last quarter. 61.18% of the stock is owned by institutional investors and hedge funds.

Invesco S&P 500 Equal Weight ETF Stock Down 1.5%

Shares of NYSEARCA RSP opened at $193.53 on Friday. The firm’s 50-day moving average price is $199.85 and its two-hundred day moving average price is $193.09. Invesco S&P 500 Equal Weight ETF has a 52-week low of $150.35 and a 52-week high of $205.24. The stock has a market capitalization of $80.26 billion, a P/E ratio of 20.10 and a beta of 0.99.

About Invesco S&P 500 Equal Weight ETF

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.