Moody Lynn & Lieberson LLC Has $1.70 Million Stock Position in Invesco S&P 500 Equal Weight ETF $RSP

Moody Lynn & Lieberson LLC cut its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 1.5% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 9,329 shares of the company’s stock after selling 141 shares during the period. Moody Lynn & Lieberson LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $1,695,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in RSP. San Luis Wealth Advisors LLC bought a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 2nd quarter valued at $5,156,000. Financial Designs Corp acquired a new stake in Invesco S&P 500 Equal Weight ETF during the 2nd quarter worth about $264,000. Keystone Global Partners LLC raised its position in shares of Invesco S&P 500 Equal Weight ETF by 38.2% in the 2nd quarter. Keystone Global Partners LLC now owns 16,078 shares of the company’s stock worth $2,922,000 after acquiring an additional 4,443 shares in the last quarter. Clear Point Advisors Inc. lifted its stake in shares of Invesco S&P 500 Equal Weight ETF by 72.6% in the 2nd quarter. Clear Point Advisors Inc. now owns 2,330 shares of the company’s stock valued at $424,000 after purchasing an additional 980 shares during the period. Finally, Sterneck Capital Management LLC boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 1.6% during the 2nd quarter. Sterneck Capital Management LLC now owns 98,025 shares of the company’s stock valued at $17,815,000 after purchasing an additional 1,539 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 $188.57 on Monday. The stock has a market capitalization of $74.75 billion, a P/E ratio of 20.10 and a beta of 1.05. The business has a 50 day simple moving average of $186.83 and a 200 day simple moving average of $178.64. Invesco S&P 500 Equal Weight ETF has a one year low of $150.35 and a one year high of $190.54.

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).