Invesco S&P 500 Equal Weight ETF $RSP Stock Position Cut by Relyea Zuckerberg Hanson LLC

Relyea Zuckerberg Hanson LLC decreased its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 61.2% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 3,131 shares of the company’s stock after selling 4,932 shares during the period. Relyea Zuckerberg Hanson LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $594,000 as of its most recent SEC filing.

Other institutional investors also recently made changes to their positions in the company. Nova Wealth Management Inc. acquired a new position in shares of Invesco S&P 500 Equal Weight ETF during the second quarter valued at approximately $25,000. Uniplan Investment Counsel Inc. acquired a new position in shares of Invesco S&P 500 Equal Weight ETF during the 1st quarter valued at $26,000. Investment Counsel Co. of Nevada bought a new stake in Invesco S&P 500 Equal Weight ETF during the second quarter worth approximately $29,000. Tompkins Financial Corp acquired a new position in Invesco S&P 500 Equal Weight ETF in the 3rd quarter worth approximately $32,000. Finally, Howe & Rusling Inc. lifted its stake in Invesco S&P 500 Equal Weight ETF by 190.8% in the 1st quarter. Howe & Rusling Inc. now owns 189 shares of the company’s stock worth $33,000 after acquiring an additional 124 shares in the last quarter. 61.18% of the stock is owned by institutional investors and hedge funds.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of RSP opened at $191.56 on Friday. The business’s 50-day moving average is $190.10 and its 200-day moving average is $187.45. The company has a market capitalization of $74.10 billion, a price-to-earnings ratio of 20.10 and a beta of 0.99. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $150.35 and a fifty-two week 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). 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.