Invesco S&P 500 Equal Weight ETF $RSP is SPC Financial Inc.’s 2nd Largest Position

SPC Financial Inc. lessened its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 14.4% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 366,138 shares of the company’s stock after selling 61,469 shares during the quarter. Invesco S&P 500 Equal Weight ETF comprises 5.6% of SPC Financial Inc.’s portfolio, making the stock its 2nd largest holding. SPC Financial Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $66,542,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Nova Wealth Management Inc. purchased a new position in shares of Invesco S&P 500 Equal Weight ETF during the second quarter worth about $25,000. Uniplan Investment Counsel Inc. purchased a new position in shares of Invesco S&P 500 Equal Weight ETF during the first quarter worth about $26,000. Richardson Capital Management LLC purchased a new position in shares of Invesco S&P 500 Equal Weight ETF during the first quarter worth about $30,000. OLD Second National Bank of Aurora purchased a new position in shares of Invesco S&P 500 Equal Weight ETF during the first quarter worth about $31,000. Finally, Howe & Rusling Inc. grew its holdings in shares of Invesco S&P 500 Equal Weight ETF by 190.8% during the first quarter. Howe & Rusling Inc. now owns 189 shares of the company’s stock worth $33,000 after purchasing an additional 124 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 Trading Down 2.3%

Shares of NYSEARCA RSP opened at $185.12 on Friday. Invesco S&P 500 Equal Weight ETF has a 12 month low of $150.35 and a 12 month high of $192.30. The firm has a market capitalization of $72.28 billion, a price-to-earnings ratio of 20.10 and a beta of 1.05. The business has a 50-day moving average of $187.69 and a 200-day moving average of $179.67.

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).