Seaview Investment Managers LLC Sells 3,404 Shares of Invesco S&P 500 Equal Weight ETF $RSP

Seaview Investment Managers LLC lowered its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 56.2% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 2,655 shares of the company’s stock after selling 3,404 shares during the period. Seaview Investment Managers LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $504,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Investment Counsel Co. of Nevada bought a new stake in Invesco S&P 500 Equal Weight ETF during the second quarter worth $29,000. Tompkins Financial Corp acquired a new position in shares of Invesco S&P 500 Equal Weight ETF during the 3rd quarter worth about $32,000. Cloud Capital Management LLC acquired a new position in shares of Invesco S&P 500 Equal Weight ETF during the 3rd quarter worth about $35,000. GoalVest Advisory LLC bought a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 2nd quarter valued at about $34,000. Finally, Copia Wealth Management raised its holdings in shares of Invesco S&P 500 Equal Weight ETF by 335.8% in the 3rd quarter. Copia Wealth Management now owns 231 shares of the company’s stock valued at $44,000 after purchasing an additional 178 shares during the period. Institutional investors and hedge funds own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Stock Performance

Invesco S&P 500 Equal Weight ETF stock opened at $203.10 on Wednesday. Invesco S&P 500 Equal Weight ETF has a 52 week low of $150.35 and a 52 week high of $203.86. The stock has a market capitalization of $84.23 billion, a P/E ratio of 20.10 and a beta of 0.99. The stock has a 50-day simple moving average of $195.90 and a 200 day simple moving average of $190.63.

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). 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.