Invesco S&P 500 Equal Weight ETF $RSP Shares Sold by Valeo Financial Advisors LLC

Valeo Financial Advisors LLC cut its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 1.3% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 583,864 shares of the company’s stock after selling 7,790 shares during the period. Invesco S&P 500 Equal Weight ETF accounts for about 2.5% of Valeo Financial Advisors LLC’s holdings, making the stock its 10th biggest position. Valeo Financial Advisors LLC owned approximately 0.13% of Invesco S&P 500 Equal Weight ETF worth $124,229,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the business. Nalls Sherbakoff Group LLC acquired a new position in Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at $29,000. Brandywine Financial Group boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 636.8% during the second quarter. Brandywine Financial Group now owns 140 shares of the company’s stock worth $30,000 after buying an additional 121 shares during the period. Hurley Capital LLC grew its holdings in shares of Invesco S&P 500 Equal Weight ETF by 200.0% during the fourth quarter. Hurley Capital LLC now owns 177 shares of the company’s stock worth $34,000 after buying an additional 118 shares during the last quarter. Asset Dedication LLC purchased a new position in shares of Invesco S&P 500 Equal Weight ETF during the first quarter worth about $36,000. Finally, Basepoint Wealth LLC acquired a new position in Invesco S&P 500 Equal Weight ETF in the 4th quarter valued at about $40,000. Institutional investors and hedge funds own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Stock Up 0.7%

RSP opened at $220.09 on Friday. Invesco S&P 500 Equal Weight ETF has a 52 week low of $182.11 and a 52 week high of $221.09. The business has a 50 day moving average price of $212.86 and a two-hundred day moving average price of $204.46. The company has a market cap of $99.46 billion, a PE ratio of 20.10 and a beta of 0.91.

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.