Creative Financial Designs Inc. ADV Sells 8,401 Shares of Invesco S&P 500 Equal Weight ETF $RSP

Creative Financial Designs Inc. ADV lessened its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSPFree Report) by 46.8% during the 3rd quarter, Holdings Channel.com reports. The firm owned 9,547 shares of the company’s stock after selling 8,401 shares during the period. Creative Financial Designs Inc. ADV’s holdings in Invesco S&P 500 Equal Weight ETF were worth $1,811,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Brighton Jones LLC grew its position in shares of Invesco S&P 500 Equal Weight ETF by 3.4% during the 4th quarter. Brighton Jones LLC now owns 7,516 shares of the company’s stock valued at $1,317,000 after acquiring an additional 246 shares during the period. Heck Capital Advisors LLC purchased a new position in Invesco S&P 500 Equal Weight ETF during the fourth quarter valued at $83,931,000. Bison Wealth LLC grew its holdings in Invesco S&P 500 Equal Weight ETF by 25.8% during the fourth quarter. Bison Wealth LLC now owns 20,957 shares of the company’s stock valued at $3,672,000 after purchasing an additional 4,295 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC bought a new stake in Invesco S&P 500 Equal Weight ETF during the first quarter valued at about $11,553,000. Finally, Assetmark Inc. increased its position in Invesco S&P 500 Equal Weight ETF by 54.4% in the second quarter. Assetmark Inc. now owns 5,583 shares of the company’s stock worth $1,015,000 after buying an additional 1,966 shares in the last quarter. Hedge funds and other institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Stock Up 0.1%

NYSEARCA RSP opened at $204.97 on Friday. Invesco S&P 500 Equal Weight ETF has a 52 week low of $150.35 and a 52 week high of $205.24. The company has a market capitalization of $85.00 billion, a P/E ratio of 20.10 and a beta of 0.99. The stock’s 50-day moving average price is $198.73 and its 200-day moving average price is $192.34.

About Invesco S&P 500 Equal Weight ETF

(Free Report)

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.

Featured Stories

Want to see what other hedge funds are holding RSP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSPFree Report).

Institutional Ownership by Quarter for Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Receive News & Ratings for Invesco S&P 500 Equal Weight ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco S&P 500 Equal Weight ETF and related companies with MarketBeat.com's FREE daily email newsletter.