Invesco S&P 500 Equal Weight ETF $RSP Shares Sold by Wealth Forward LLC

Wealth Forward LLC lessened its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 42.5% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 56,977 shares of the company’s stock after selling 42,172 shares during the period. Invesco S&P 500 Equal Weight ETF comprises about 5.2% of Wealth Forward LLC’s portfolio, making the stock its 6th largest holding. Wealth Forward LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $11,852,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in RSP. Bank of America Corp DE raised its stake in Invesco S&P 500 Equal Weight ETF by 16.4% in the 1st quarter. Bank of America Corp DE now owns 25,370,060 shares of the company’s stock valued at $4,869,022,000 after acquiring an additional 3,567,441 shares during the period. Invesco Ltd. raised its position in shares of Invesco S&P 500 Equal Weight ETF by 4.6% in the fourth 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 during the period. State of Wisconsin Investment Board grew its position in shares of Invesco S&P 500 Equal Weight ETF by 14.3% in the fourth quarter. State of Wisconsin Investment Board now owns 8,485,519 shares of the company’s stock valued at $1,625,486,000 after purchasing an additional 1,060,181 shares during the last quarter. BlueCrest Capital Management Ltd bought a new position in shares of Invesco S&P 500 Equal Weight ETF during the second quarter worth approximately $400,736,000. Finally, Clal Insurance Enterprises Holdings Ltd lifted its holdings in Invesco S&P 500 Equal Weight ETF by 3.7% during the 1st quarter. Clal Insurance Enterprises Holdings Ltd now owns 1,660,000 shares of the company’s stock worth $318,587,000 after purchasing an additional 60,000 shares during the last quarter. 61.18% of the stock is currently owned by institutional investors.

Invesco S&P 500 Equal Weight ETF Price Performance

RSP traded down $1.85 during trading on Wednesday, hitting $211.45. The stock had a trading volume of 4,844,824 shares, compared to its average volume of 11,967,609. The company has a 50 day moving average price of $216.16 and a 200-day moving average price of $210.02. Invesco S&P 500 Equal Weight ETF has a one year low of $182.11 and a one year high of $223.43. The firm has a market cap of $97.05 billion, a price-to-earnings 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.