Mycio Wealth Partners LLC lessened its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) by 67.9% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,020 shares of the company’s stock after selling 4,270 shares during the period. Mycio Wealth Partners LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $420,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other hedge funds also recently made changes to their positions in the company. Highland Investment Advisors LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF in the second quarter valued at approximately $26,000. Brandywine Financial Group raised its position in 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 purchasing an additional 121 shares during the last quarter. Valley National Advisers Inc. purchased a new stake in Invesco S&P 500 Equal Weight ETF in the 3rd quarter valued at $31,000. Rogco LP purchased a new stake in Invesco S&P 500 Equal Weight ETF in the 2nd quarter valued at $34,000. Finally, Asset Dedication LLC acquired a new stake in Invesco S&P 500 Equal Weight ETF during the 1st quarter worth $36,000. Hedge funds and other institutional investors own 61.18% of the company’s stock.
Invesco S&P 500 Equal Weight ETF Stock Performance
Shares of Invesco S&P 500 Equal Weight ETF stock opened at $216.05 on Monday. The company has a market capitalization of $100.26 billion, a P/E ratio of 20.10 and a beta of 0.91. Invesco S&P 500 Equal Weight ETF has a 1 year low of $182.11 and a 1 year high of $224.20. The company’s fifty day moving average is $214.78 and its two-hundred day moving average is $208.27.
Invesco S&P 500 Equal Weight ETF 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.
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