Heck Capital Advisors LLC Lowers Position in Invesco S&P 500 Equal Weight ETF $RSP

Heck Capital Advisors LLC trimmed its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 17.1% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 103,491 shares of the company’s stock after selling 21,361 shares during the quarter. Invesco S&P 500 Equal Weight ETF accounts for approximately 1.3% of Heck Capital Advisors LLC’s portfolio, making the stock its 17th biggest position. Heck Capital Advisors LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $22,020,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of the stock. Brandywine Financial Group raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 636.8% in the 2nd quarter. Brandywine Financial Group now owns 140 shares of the company’s stock valued at $30,000 after acquiring an additional 121 shares during the period. Nalls Sherbakoff Group LLC acquired a new stake in Invesco S&P 500 Equal Weight ETF in the 4th quarter valued at approximately $29,000. Hurley Capital LLC raised its position in Invesco S&P 500 Equal Weight ETF by 200.0% in the fourth quarter. Hurley Capital LLC now owns 177 shares of the company’s stock valued at $34,000 after purchasing an additional 118 shares during the period. Asset Dedication LLC acquired a new position in Invesco S&P 500 Equal Weight ETF during the first quarter worth $36,000. Finally, Basepoint Wealth LLC purchased a new position in shares of Invesco S&P 500 Equal Weight ETF during the fourth quarter worth $40,000. Institutional investors and hedge funds own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Trading Up 0.2%

RSP stock opened at $220.69 on Wednesday. The business’s fifty day moving average price is $213.29 and its 200 day moving average price is $204.82. Invesco S&P 500 Equal Weight ETF has a 12-month low of $182.11 and a 12-month high of $221.23. The company has a market capitalization of $99.73 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.