Requisite Capital Management LLC Trims Stock Position in Invesco S&P 500 Equal Weight ETF $RSP

Requisite Capital Management LLC lessened its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 2.2% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 195,014 shares of the company’s stock after selling 4,287 shares during the period. Invesco S&P 500 Equal Weight ETF comprises 7.1% of Requisite Capital Management LLC’s portfolio, making the stock its 4th largest position. Requisite Capital Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $37,357,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in RSP. Brighton Jones LLC boosted its position in Invesco S&P 500 Equal Weight ETF by 3.4% during the 4th quarter. Brighton Jones LLC now owns 7,516 shares of the company’s stock valued at $1,317,000 after purchasing an additional 246 shares during the period. Heck Capital Advisors LLC acquired a new position in Invesco S&P 500 Equal Weight ETF during the 4th quarter valued at approximately $83,931,000. Bison Wealth LLC boosted its position in Invesco S&P 500 Equal Weight ETF by 25.8% during the 4th quarter. Bison Wealth LLC now owns 20,957 shares of the company’s stock valued at $3,672,000 after purchasing an additional 4,295 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC acquired a new position in Invesco S&P 500 Equal Weight ETF during the 1st quarter valued at approximately $11,553,000. Finally, Gamco Investors INC. ET AL acquired a new position in Invesco S&P 500 Equal Weight ETF during the 2nd quarter valued at approximately $279,000. Institutional investors and hedge funds own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Price Performance

NYSEARCA:RSP opened at $201.56 on Monday. Invesco S&P 500 Equal Weight ETF has a 12-month low of $173.00 and a 12-month high of $205.53. The firm has a market capitalization of $86.95 billion, a P/E ratio of 20.10 and a beta of 0.92. The business has a 50 day simple moving average of $197.89 and a 200 day simple moving average of $195.95.

About Invesco S&P 500 Equal Weight ETF

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.