Invesco S&P 500 Equal Weight ETF $RSP Shares Sold by New Harbor Financial Group LLC

New Harbor Financial Group LLC lowered its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 54.7% during the second quarter, according to the company in its most recent filing with the SEC. The fund owned 180,731 shares of the company’s stock after selling 218,240 shares during the quarter. Invesco S&P 500 Equal Weight ETF comprises 7.5% of New Harbor Financial Group LLC’s investment portfolio, making the stock its 2nd biggest holding. New Harbor Financial Group LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $32,846,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Brighton Jones LLC lifted its position in shares of 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 worth $1,317,000 after buying an additional 246 shares during the last quarter. Heck Capital Advisors LLC acquired a new stake in Invesco S&P 500 Equal Weight ETF during the 4th quarter worth $83,931,000. Bison Wealth LLC raised its stake 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 worth $3,672,000 after acquiring an additional 4,295 shares in the last quarter. Chicago Partners Investment Group LLC lifted its position in Invesco S&P 500 Equal Weight ETF by 1.4% in the first quarter. Chicago Partners Investment Group LLC now owns 12,434 shares of the company’s stock valued at $2,128,000 after acquiring an additional 176 shares during the last quarter. Finally, Deutsche Bank AG lifted its position in Invesco S&P 500 Equal Weight ETF by 369.7% in the first quarter. Deutsche Bank AG now owns 222,504 shares of the company’s stock valued at $38,544,000 after acquiring an additional 175,130 shares during the last quarter. Institutional investors and hedge funds own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of RSP stock opened at $192.00 on Friday. The stock’s 50-day moving average is $188.81 and its two-hundred day moving average is $185.40. The firm has a market cap of $74.27 billion, a price-to-earnings ratio of 20.10 and a beta of 0.99. Invesco S&P 500 Equal Weight ETF has a 1 year low of $150.35 and a 1 year high of $192.81.

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).