Diversify Advisory Services LLC Sells 8,448 Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Diversify Advisory Services LLC decreased its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 25.6% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 24,509 shares of the company’s stock after selling 8,448 shares during the quarter. Diversify Advisory Services LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $4,246,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also modified their holdings of the company. Northwestern Mutual Wealth Management Co. increased its position in Invesco S&P 500 Equal Weight ETF by 855.5% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 20,539,639 shares of the company’s stock worth $3,379,816,000 after purchasing an additional 18,390,083 shares during the last quarter. Healthcare of Ontario Pension Plan Trust Fund increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 174.6% in the 2nd quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 2,340,000 shares of the company’s stock worth $384,415,000 after buying an additional 1,488,000 shares during the last quarter. SPX Gestao de Recursos Ltda increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 1,502.5% in the 3rd quarter. SPX Gestao de Recursos Ltda now owns 895,000 shares of the company’s stock worth $160,348,000 after buying an additional 839,150 shares during the last quarter. Penserra Capital Management LLC raised its position in shares of Invesco S&P 500 Equal Weight ETF by 2,274.4% during the 3rd quarter. Penserra Capital Management LLC now owns 486,095 shares of the company’s stock valued at $87,088,000 after buying an additional 465,623 shares in the last quarter. Finally, D. E. Shaw & Co. Inc. bought a new position in shares of Invesco S&P 500 Equal Weight ETF in the 2nd quarter valued at about $63,354,000.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of NYSEARCA RSP opened at $180.04 on Monday. Invesco S&P 500 Equal Weight ETF has a 1-year low of $153.16 and a 1-year high of $188.16. The business’s 50 day moving average is $180.54 and its two-hundred day moving average is $176.12. The stock has a market capitalization of $60.30 billion, a P/E ratio of 20.44 and a beta of 0.90.

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).