Cadent Capital Advisors LLC Lowers Holdings in Invesco S&P 500 Equal Weight ETF $RSP

Cadent Capital Advisors LLC reduced its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 58.1% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 8,062 shares of the company’s stock after selling 11,169 shares during the quarter. Cadent Capital Advisors LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $1,677,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of RSP. Bank of America Corp DE boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 16.4% in 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 acquiring an additional 3,567,441 shares during the period. Invesco Ltd. boosted its stake in 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 worth $1,943,335,000 after purchasing an additional 444,846 shares during the period. State of Wisconsin Investment Board boosted its stake in Invesco S&P 500 Equal Weight ETF by 14.3% in 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. Healthcare of Ontario Pension Plan Trust Fund increased its position in shares of Invesco S&P 500 Equal Weight ETF by 13.1% during the fourth quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 2,460,000 shares of the company’s stock valued at $471,238,000 after buying an additional 285,000 shares during the period. Finally, BlueCrest Capital Management Ltd purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF in the second quarter worth about $400,736,000. 61.18% of the stock is owned by institutional investors.

Invesco S&P 500 Equal Weight ETF Trading Up 0.5%

Shares of RSP stock traded up $1.03 during trading hours on Friday, reaching $212.90. The stock had a trading volume of 3,788,120 shares, compared to its average volume of 12,053,143. The stock’s fifty day simple moving average is $216.42 and its 200 day simple moving average is $209.57. The firm has a market capitalization of $96.89 billion, a PE ratio of 20.10 and a beta of 0.92. Invesco S&P 500 Equal Weight ETF has a 12 month low of $182.11 and a 12 month 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.