Fairvoy Private Wealth LLC Sells 6,684 Shares of Invesco S&P 500 Equal Weight ETF $RSP

Fairvoy Private Wealth LLC cut its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 16.5% during the 3rd quarter, Holdings Channel reports. The firm owned 33,863 shares of the company’s stock after selling 6,684 shares during the period. Invesco S&P 500 Equal Weight ETF makes up 1.4% of Fairvoy Private Wealth LLC’s holdings, making the stock its 19th largest holding. Fairvoy Private Wealth LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $7,044,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Bank of America Corp DE boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 16.4% in the first quarter. Bank of America Corp DE now owns 25,370,060 shares of the company’s stock valued at $4,869,022,000 after buying an additional 3,567,441 shares during the period. BlueCrest Capital Management Ltd acquired a new stake in Invesco S&P 500 Equal Weight ETF during the second quarter worth approximately $400,736,000. Clal Insurance Enterprises Holdings Ltd increased its stake in Invesco S&P 500 Equal Weight ETF by 3.7% during the 1st quarter. Clal Insurance Enterprises Holdings Ltd now owns 1,660,000 shares of the company’s stock worth $318,587,000 after acquiring an additional 60,000 shares during the period. Trust Co of Tennessee increased its stake in Invesco S&P 500 Equal Weight ETF by 1.3% during the 3rd quarter. Trust Co of Tennessee now owns 1,000,351 shares of the company’s stock worth $208,091,000 after acquiring an additional 12,435 shares during the period. Finally, Janney Montgomery Scott LLC increased its stake in Invesco S&P 500 Equal Weight ETF by 19.4% during the 1st quarter. Janney Montgomery Scott LLC now owns 830,928 shares of the company’s stock worth $159,472,000 after acquiring an additional 135,061 shares during the period. 61.18% of the stock is owned by institutional investors.

Invesco S&P 500 Equal Weight ETF Trading Down 0.3%

NYSEARCA RSP traded down $0.69 during midday trading on Monday, hitting $213.40. The company had a trading volume of 5,971,682 shares, compared to its average volume of 11,953,941. The company has a market capitalization of $98.62 billion, a PE ratio of 20.10 and a beta of 0.92. The firm has a 50-day moving average price of $215.81 and a 200-day moving average price of $210.53. Invesco S&P 500 Equal Weight ETF has a twelve month low of $182.11 and a twelve month high of $223.43.

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.