Invesco S&P 500 Equal Weight ETF $RSP Stock Sold by Prism Advisors Inc.

Prism Advisors Inc. trimmed its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 6.6% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 55,913 shares of the company’s stock after selling 3,963 shares during the period. Invesco S&P 500 Equal Weight ETF comprises 3.0% of Prism Advisors Inc.’s holdings, making the stock its 15th largest position. Prism Advisors Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $11,846,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the stock. Venture Visionary Partners LLC raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 1.6% during the 3rd quarter. Venture Visionary Partners LLC now owns 384,586 shares of the company’s stock worth $80,002,000 after purchasing an additional 5,887 shares in the last quarter. Rhodes Investment Advisors Inc. ADV bought a new position in shares of Invesco S&P 500 Equal Weight ETF in the third quarter valued at $794,000. NewEdge Advisors LLC increased its holdings in Invesco S&P 500 Equal Weight ETF by 16.9% during the second quarter. NewEdge Advisors LLC now owns 528,103 shares of the company’s stock worth $112,364,000 after buying an additional 76,324 shares during the last quarter. Marino Stram & Associates LLC increased its holdings in Invesco S&P 500 Equal Weight ETF by 9.0% during the first quarter. Marino Stram & Associates LLC now owns 29,979 shares of the company’s stock worth $5,754,000 after buying an additional 2,465 shares during the last quarter. Finally, Eastern Bank acquired a new position in Invesco S&P 500 Equal Weight ETF during the third quarter worth $155,449,000. Institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Trading Up 0.6%

NYSEARCA RSP opened at $213.04 on Friday. The firm has a market capitalization of $96.95 billion, a P/E ratio of 20.10 and a beta of 0.92. The firm’s fifty day moving average price is $216.38 and its two-hundred day moving average price is $209.60. Invesco S&P 500 Equal Weight ETF has a 1 year low of $182.11 and a 1 year high of $223.43.

Invesco S&P 500 Equal Weight ETF Company 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.