Invesco S&P 500 Equal Weight ETF $RSP Stock Position Reduced by J.Safra Asset Management Corp

J.Safra Asset Management Corp lowered its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 97.9% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 4,965 shares of the company’s stock after selling 233,012 shares during the period. J.Safra Asset Management Corp’s holdings in Invesco S&P 500 Equal Weight ETF were worth $942,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. DMC Group LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 3rd quarter worth about $201,000. Tred Avon Family Wealth LLC bought a new stake in Invesco S&P 500 Equal Weight ETF in the third quarter worth approximately $328,000. FAS Wealth Partners Inc. increased its stake in shares of Invesco S&P 500 Equal Weight ETF by 5.5% during the 3rd quarter. FAS Wealth Partners Inc. now owns 451,260 shares of the company’s stock worth $85,604,000 after purchasing an additional 23,688 shares during the last quarter. Beacon Financial Advisory LLC raised its holdings in shares of Invesco S&P 500 Equal Weight ETF by 9.7% during the 3rd quarter. Beacon Financial Advisory LLC now owns 10,574 shares of the company’s stock valued at $2,006,000 after purchasing an additional 938 shares in the last quarter. Finally, Bfsg LLC raised its holdings in shares of Invesco S&P 500 Equal Weight ETF by 81.5% during the 3rd quarter. Bfsg LLC now owns 3,117 shares of the company’s stock valued at $591,000 after purchasing an additional 1,400 shares in the last quarter. Hedge funds and other institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Trading Down 0.3%

Shares of NYSEARCA:RSP opened at $199.05 on Friday. The stock has a market capitalization of $80.05 billion, a PE 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 $200.10. The firm has a fifty day moving average price of $191.98 and a 200 day moving average price of $188.86.

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.