Invesco S&P 500 Equal Weight ETF $RSP Stake Lowered by Wealth Forward LLC

Wealth Forward LLC cut its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 12.4% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 100,348 shares of the company’s stock after selling 14,158 shares during the period. Invesco S&P 500 Equal Weight ETF makes up about 11.1% of Wealth Forward LLC’s portfolio, making the stock its 2nd biggest holding. Wealth Forward LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $19,036,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the company. Investment Counsel Co. of Nevada bought a new position in shares of Invesco S&P 500 Equal Weight ETF during the 2nd quarter valued at approximately $29,000. Tompkins Financial Corp bought a new stake in Invesco S&P 500 Equal Weight ETF in the third quarter worth $32,000. Cloud Capital Management LLC purchased a new stake in Invesco S&P 500 Equal Weight ETF during the third quarter valued at $35,000. GoalVest Advisory LLC bought a new position in Invesco S&P 500 Equal Weight ETF during the second quarter valued at $34,000. Finally, Copia Wealth Management lifted its position in Invesco S&P 500 Equal Weight ETF by 335.8% during the third quarter. Copia Wealth Management now owns 231 shares of the company’s stock valued at $44,000 after purchasing an additional 178 shares during the last quarter. Institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Stock Up 0.2%

Invesco S&P 500 Equal Weight ETF stock opened at $203.46 on Thursday. The company’s 50-day moving average price is $196.14 and its 200-day moving average price is $190.72. The company has a market cap of $84.37 billion, a PE ratio of 20.10 and a beta of 0.99. Invesco S&P 500 Equal Weight ETF has a twelve month low of $150.35 and a twelve month high of $204.17.

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). The Index utilizes quarterly rebalancing to maintain its equal-weight stance. Under normal circumstances, the Fund will invest at least 90% of its net assets, plus any borrowing for investment purposes, in the equity securities (and derivatives thereof) included in the Index.