Invesco S&P 500 Equal Weight ETF $RSP Stock: Kopp Family Office LLC Lowers Position

Kopp Family Office LLC lowered its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 3.5% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 103,025 shares of the company’s stock after selling 3,698 shares during the period. Invesco S&P 500 Equal Weight ETF comprises about 11.9% of Kopp Family Office LLC’s holdings, making the stock its 4th largest holding. Kopp Family Office LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $21,431,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the company. Weaver Consulting Group increased its position in shares of Invesco S&P 500 Equal Weight ETF by 1.5% during the 3rd quarter. Weaver Consulting Group now owns 3,217 shares of the company’s stock valued at $669,000 after purchasing an additional 48 shares during the last quarter. Sage Capital Advisors llc increased its position in shares of Invesco S&P 500 Equal Weight ETF by 2.0% during the 3rd quarter. Sage Capital Advisors llc now owns 2,461 shares of the company’s stock valued at $512,000 after purchasing an additional 48 shares during the last quarter. Charis Legacy Partners LLC raised its holdings in shares of Invesco S&P 500 Equal Weight ETF by 0.5% during the 2nd quarter. Charis Legacy Partners LLC now owns 10,780 shares of the company’s stock valued at $2,294,000 after buying an additional 49 shares in the last quarter. Canvas Wealth Advisors LLC raised its holdings in shares of Invesco S&P 500 Equal Weight ETF by 1.2% during the 2nd quarter. Canvas Wealth Advisors LLC now owns 4,373 shares of the company’s stock valued at $930,000 after buying an additional 50 shares in the last quarter. Finally, Tenon Financial LLC raised its holdings in shares of Invesco S&P 500 Equal Weight ETF by 1.0% during the 3rd quarter. Tenon Financial LLC now owns 5,185 shares of the company’s stock valued at $1,079,000 after buying an additional 50 shares in the last quarter. Institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Price Performance

NYSEARCA:RSP opened at $216.64 on Thursday. The business has a 50 day moving average of $215.49 and a 200 day moving average of $211.02. The company has a market capitalization of $100.12 billion, a price-to-earnings ratio of 20.10 and a beta of 0.92. Invesco S&P 500 Equal Weight ETF has a 1-year low of $182.11 and a 1-year high of $223.43.

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.