Empower Advisory Group LLC cut its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) by 19.0% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,715 shares of the company’s stock after selling 403 shares during the quarter. Empower Advisory Group LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $307,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds also recently added to or reduced their stakes in RSP. Paulson Wealth Management Inc. boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 10.6% in the third quarter. Paulson Wealth Management Inc. now owns 3,408 shares of the company’s stock worth $611,000 after buying an additional 326 shares during the period. RMR Capital Management LLC boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 0.9% in the third quarter. RMR Capital Management LLC now owns 23,789 shares of the company’s stock worth $4,262,000 after buying an additional 223 shares during the period. Private Wealth Advisors LLC boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 20.4% in the third quarter. Private Wealth Advisors LLC now owns 2,181 shares of the company’s stock worth $389,000 after buying an additional 369 shares during the period. Aptus Capital Advisors LLC boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 9.2% in the third quarter. Aptus Capital Advisors LLC now owns 367,797 shares of the company’s stock worth $65,895,000 after buying an additional 30,880 shares during the period. Finally, Commonwealth Retirement Investments LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF in the third quarter worth about $276,000.
Invesco S&P 500 Equal Weight ETF Stock Performance
Shares of RSP opened at $180.94 on Friday. The company has a market capitalization of $60.60 billion, a P/E ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a one year low of $144.35 and a one year high of $185.79. The stock has a 50-day moving average price of $178.46 and a 200 day moving average price of $171.06.
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).
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