Invesco S&P 500 Equal Weight ETF $RSP Shares Sold by Orion Porfolio Solutions LLC

Orion Porfolio Solutions LLC lowered its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 50.7% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 24,342 shares of the company’s stock after selling 25,038 shares during the quarter. Orion Porfolio Solutions LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $4,424,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of RSP. Brighton Jones LLC raised 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 valued at $1,317,000 after buying an additional 246 shares during the period. Heck Capital Advisors LLC acquired a new stake in Invesco S&P 500 Equal Weight ETF during the fourth quarter worth $83,931,000. Bison Wealth LLC increased its stake in Invesco S&P 500 Equal Weight ETF by 25.8% during the fourth 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 during the last quarter. Russell Investments Group Ltd. raised its position in Invesco S&P 500 Equal Weight ETF by 48.5% in the first quarter. Russell Investments Group Ltd. now owns 3,794 shares of the company’s stock valued at $657,000 after purchasing an additional 1,239 shares during the period. Finally, RWA Wealth Partners LLC lifted its stake in shares of Invesco S&P 500 Equal Weight ETF by 550.0% in the 1st quarter. RWA Wealth Partners LLC now owns 41,338 shares of the company’s stock valued at $7,161,000 after purchasing an additional 34,978 shares during the last quarter. 61.18% of the stock is currently owned by institutional investors and hedge funds.

Invesco S&P 500 Equal Weight ETF Trading Down 0.7%

NYSEARCA RSP opened at $192.29 on Wednesday. The stock has a fifty day simple moving average of $189.13 and a 200-day simple moving average of $186.35. The stock has a market cap of $74.38 billion, a PE ratio of 20.10 and a beta of 0.99. Invesco S&P 500 Equal Weight ETF has a twelve month low of $150.35 and a twelve month high of $195.46.

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).