Focus Partners Advisor Solutions LLC Sells 14,783 Shares of Invesco S&P 500 Equal Weight ETF $RSP

Focus Partners Advisor Solutions LLC lowered its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSPFree Report) by 22.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 49,793 shares of the company’s stock after selling 14,783 shares during the quarter. Focus Partners Advisor Solutions LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $9,538,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also added to or reduced their stakes in RSP. Varma Mutual Pension Insurance Co bought a new position in Invesco S&P 500 Equal Weight ETF in the 4th quarter worth about $327,184,000. BW Gestao de Investimentos Ltda. bought a new position in Invesco S&P 500 Equal Weight ETF in the 4th quarter worth about $287,168,000. Northwestern Mutual Wealth Management Co. boosted its stake in Invesco S&P 500 Equal Weight ETF by 3.8% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 26,252,217 shares of the company’s stock worth $5,028,875,000 after purchasing an additional 959,176 shares during the period. Axxcess Wealth Management LLC boosted its stake in Invesco S&P 500 Equal Weight ETF by 5,593.7% in the 4th quarter. Axxcess Wealth Management LLC now owns 972,762 shares of the company’s stock worth $186,343,000 after purchasing an additional 955,677 shares during the period. Finally, MKP Capital Management L.L.C. bought a new position in Invesco S&P 500 Equal Weight ETF in the 4th quarter worth about $99,994,000. Institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Stock Down 0.1%

Shares of NYSEARCA RSP opened at $207.61 on Tuesday. Invesco S&P 500 Equal Weight ETF has a 52 week low of $175.98 and a 52 week high of $210.95. The business has a 50-day simple moving average of $201.87 and a two-hundred day simple moving average of $198.13. The company has a market cap of $89.57 billion, a P/E ratio of 20.10 and a beta of 0.91.

About Invesco S&P 500 Equal Weight ETF

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding RSP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSPFree Report).

Institutional Ownership by Quarter for Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

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