Intellus Advisors LLC Decreases Stock Position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Intellus Advisors LLC cut its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 54.4% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,967 shares of the company’s stock after selling 7,130 shares during the period. Intellus Advisors LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $1,034,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Rosenberg Matthew Hamilton increased its position in Invesco S&P 500 Equal Weight ETF by 1.6% during the 1st quarter. Rosenberg Matthew Hamilton now owns 3,951 shares of the company’s stock worth $684,000 after purchasing an additional 61 shares in the last quarter. D L Carlson Investment Group Inc. boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 1.3% during the 4th quarter. D L Carlson Investment Group Inc. now owns 4,771 shares of the company’s stock valued at $836,000 after buying an additional 63 shares during the last quarter. RWA Wealth Partners LLC boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 1.0% during the 4th quarter. RWA Wealth Partners LLC now owns 6,360 shares of the company’s stock valued at $1,114,000 after buying an additional 64 shares during the last quarter. Live Oak Private Wealth LLC boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 2.0% during the 1st quarter. Live Oak Private Wealth LLC now owns 3,428 shares of the company’s stock valued at $594,000 after buying an additional 67 shares during the last quarter. Finally, Novem Group lifted its stake in Invesco S&P 500 Equal Weight ETF by 5.6% during the first quarter. Novem Group now owns 1,291 shares of the company’s stock worth $224,000 after purchasing an additional 68 shares during the last quarter. 61.18% of the stock is currently owned by hedge funds and other institutional investors.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of RSP opened at $187.73 on Friday. The stock has a market capitalization of $75.35 billion, a PE ratio of 20.10 and a beta of 1.05. Invesco S&P 500 Equal Weight ETF has a 12-month low of $150.35 and a 12-month high of $188.16. The business’s fifty day moving average price is $180.54 and its 200 day moving average price is $176.19.

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).