Perryman Financial Advisory Inc. AD decreased its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) by 93.3% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 15,141 shares of the company’s stock after selling 210,567 shares during the period. Perryman Financial Advisory Inc. AD’s holdings in Invesco S&P 500 Equal Weight ETF were worth $3,150,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also bought and sold shares of the company. Highland Investment Advisors LLC acquired a new stake in Invesco S&P 500 Equal Weight ETF during the 2nd quarter worth about $26,000. Brandywine Financial Group raised its position in shares of Invesco S&P 500 Equal Weight ETF by 636.8% in the 2nd quarter. Brandywine Financial Group now owns 140 shares of the company’s stock worth $30,000 after acquiring an additional 121 shares in the last quarter. Nalls Sherbakoff Group LLC bought a new position in shares of Invesco S&P 500 Equal Weight ETF in the 4th quarter worth about $29,000. Rogco LP bought a new position in shares of Invesco S&P 500 Equal Weight ETF in the 2nd quarter worth about $34,000. Finally, Asset Dedication LLC acquired a new position in shares of Invesco S&P 500 Equal Weight ETF in the 1st quarter valued at about $36,000. Institutional investors and hedge funds own 61.18% of the company’s stock.
Invesco S&P 500 Equal Weight ETF Trading Down 0.4%
NYSEARCA RSP traded down $0.91 during trading hours on Friday, hitting $214.09. 10,003,003 shares of the company’s stock were exchanged, compared to its average volume of 11,983,996. The firm has a market cap of $98.92 billion, a price-to-earnings ratio of 20.10 and a beta of 0.92. The stock has a 50-day simple moving average of $215.81 and a 200 day simple moving average of $210.38. Invesco S&P 500 Equal Weight ETF has a 1-year low of $182.11 and a 1-year high of $223.43.
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.
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