Simplicity Wealth LLC lessened its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) by 56.5% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 6,842 shares of the company’s stock after selling 8,883 shares during the quarter. Simplicity Wealth LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $1,423,000 as of its most recent filing with the SEC.
Other institutional investors and hedge funds have also made changes to their positions in the company. Bank of America Corp DE increased its stake in shares of Invesco S&P 500 Equal Weight ETF by 16.4% during the first quarter. Bank of America Corp DE now owns 25,370,060 shares of the company’s stock worth $4,869,022,000 after buying an additional 3,567,441 shares during the period. BlueCrest Capital Management Ltd purchased a new position in Invesco S&P 500 Equal Weight ETF in the second quarter worth approximately $400,736,000. Eastern Bank acquired a new position in Invesco S&P 500 Equal Weight ETF during the 3rd quarter worth approximately $155,449,000. Rokos Capital Management LLP acquired a new position in Invesco S&P 500 Equal Weight ETF during the 1st quarter worth approximately $134,688,000. Finally, Quantum Portfolio Management LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 1st quarter valued at approximately $104,325,000. 61.18% of the stock is owned by institutional investors and hedge funds.
Invesco S&P 500 Equal Weight ETF Trading Up 0.3%
Shares of NYSEARCA:RSP opened at $217.29 on Tuesday. Invesco S&P 500 Equal Weight ETF has a 52 week low of $182.11 and a 52 week high of $223.43. The company’s 50 day moving average is $215.35 and its two-hundred day moving average is $207.21. The company has a market cap of $99.69 billion, a PE ratio of 20.10 and a beta of 0.92.
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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