Royal Harbor Partners LLC Reduces Stock Position in Invesco S&P 500 Equal Weight ETF $RSP

Royal Harbor Partners LLC reduced its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 95.6% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,038 shares of the company’s stock after selling 43,867 shares during the period. Royal Harbor Partners LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $370,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of the company. Nova Wealth Management Inc. purchased a new position in Invesco S&P 500 Equal Weight ETF during the second quarter worth about $25,000. Uniplan Investment Counsel Inc. bought a new position in shares of Invesco S&P 500 Equal Weight ETF in the 1st quarter worth $26,000. Howe & Rusling Inc. increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 190.8% in the 1st quarter. Howe & Rusling Inc. now owns 189 shares of the company’s stock worth $33,000 after buying an additional 124 shares during the last quarter. GoalVest Advisory LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 2nd quarter valued at $34,000. Finally, Hanson & Doremus Investment Management lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 30.5% during the 2nd quarter. Hanson & Doremus Investment Management now owns 308 shares of the company’s stock worth $56,000 after acquiring an additional 72 shares during 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 0.2%

NYSEARCA RSP opened at $190.18 on Thursday. The stock’s 50-day simple moving average is $188.86 and its two-hundred day simple moving average is $183.71. Invesco S&P 500 Equal Weight ETF has a twelve month low of $150.35 and a twelve month high of $192.33. The company has a market capitalization of $73.56 billion, a price-to-earnings ratio of 20.10 and a beta of 0.99.

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).