3,732 Invesco S&P 500 Equal Weight ETF $RSP Shares Sold by Parcion Private Wealth LLC

Parcion Private Wealth LLC cut its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 2.9% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 126,130 shares of the company’s stock after selling 3,732 shares during the period. Invesco S&P 500 Equal Weight ETF makes up 1.4% of Parcion Private Wealth LLC’s portfolio, making the stock its 18th largest position. Parcion Private Wealth LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $26,238,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in RSP. Highland Investment Advisors LLC bought a new position in shares of Invesco S&P 500 Equal Weight ETF during the second quarter valued at about $26,000. Brandywine Financial Group lifted its stake in shares of Invesco S&P 500 Equal Weight ETF by 636.8% in the 2nd quarter. Brandywine Financial Group now owns 140 shares of the company’s stock valued at $30,000 after acquiring an additional 121 shares during the last quarter. Valley National Advisers Inc. bought a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 3rd quarter valued at about $31,000. Rogco LP bought a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 2nd quarter valued at about $34,000. Finally, Asset Dedication LLC purchased a new stake in Invesco S&P 500 Equal Weight ETF during the 1st quarter valued at about $36,000. 61.18% of the stock is currently owned by hedge funds and other institutional investors.

Invesco S&P 500 Equal Weight ETF Price Performance

RSP opened at $218.31 on Friday. The stock’s 50 day simple moving average is $215.05 and its 200 day simple moving average is $207.75. Invesco S&P 500 Equal Weight ETF has a 1 year low of $182.11 and a 1 year high of $223.43. The firm has a market cap of $100.21 billion, a price-to-earnings ratio of 20.10 and a beta of 0.92.

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.