Invesco S&P 500 Equal Weight ETF $RSP Shares Sold by Louisbourg Investments Inc.

Louisbourg Investments Inc. trimmed its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 96.8% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 770 shares of the company’s stock after selling 23,530 shares during the period. Louisbourg Investments Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $148,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in the company. Morgan Stanley increased its stake in Invesco S&P 500 Equal Weight ETF by 7.9% during the fourth quarter. Morgan Stanley now owns 31,346,217 shares of the company’s stock worth $6,004,682,000 after acquiring an additional 2,285,526 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its stake in shares of 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 valued at $5,028,875,000 after purchasing an additional 959,176 shares in the last quarter. Invesco Ltd. lifted its stake in shares of Invesco S&P 500 Equal Weight ETF by 4.6% in the 4th quarter. Invesco Ltd. now owns 10,144,784 shares of the company’s stock valued at $1,943,335,000 after purchasing an additional 444,846 shares in the last quarter. State of Wisconsin Investment Board grew its holdings in shares of Invesco S&P 500 Equal Weight ETF by 14.3% during the 4th quarter. State of Wisconsin Investment Board now owns 8,485,519 shares of the company’s stock worth $1,625,486,000 after purchasing an additional 1,060,181 shares during the period. Finally, LPL Financial LLC grew its holdings in shares of Invesco S&P 500 Equal Weight ETF by 7.1% during the 4th quarter. LPL Financial LLC now owns 5,486,948 shares of the company’s stock worth $1,051,080,000 after purchasing an additional 362,412 shares during the period. 61.18% of the stock is owned by hedge funds and other institutional investors.

Invesco S&P 500 Equal Weight ETF Stock Performance

RSP opened at $210.31 on Friday. Invesco S&P 500 Equal Weight ETF has a 1 year low of $179.94 and a 1 year high of $214.30. The firm has a 50 day moving average price of $206.21 and a 200 day moving average price of $200.15. The company has a market cap of $90.73 billion, a PE ratio of 20.10 and a beta of 0.91.

Invesco S&P 500 Equal Weight ETF 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.