Invesco S&P 500 Equal Weight ETF $RSP Shares Sold by OVERSEA CHINESE BANKING Corp Ltd

OVERSEA CHINESE BANKING Corp Ltd cut its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 33.2% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 6,955 shares of the company’s stock after selling 3,450 shares during the period. OVERSEA CHINESE BANKING Corp Ltd’s holdings in Invesco S&P 500 Equal Weight ETF were worth $1,320,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. GRIMES & Co WEALTH MANAGEMENT LLC increased its holdings in Invesco S&P 500 Equal Weight ETF by 107.0% in the 3rd quarter. GRIMES & Co WEALTH MANAGEMENT LLC now owns 265,995 shares of the company’s stock valued at $50,459,000 after buying an additional 137,493 shares during the period. CMG Global Holdings LLC grew its stake in Invesco S&P 500 Equal Weight ETF by 13.6% during the third quarter. CMG Global Holdings LLC now owns 35,694 shares of the company’s stock worth $6,741,000 after buying an additional 4,262 shares during the last quarter. Sowell Financial Services LLC raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 23.2% in the third quarter. Sowell Financial Services LLC now owns 20,356 shares of the company’s stock valued at $3,862,000 after acquiring an additional 3,829 shares during the last quarter. Geneos Wealth Management Inc. boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 46.5% in the 2nd quarter. Geneos Wealth Management Inc. now owns 116,894 shares of the company’s stock worth $21,244,000 after acquiring an additional 37,119 shares in the last quarter. Finally, Total Clarity Wealth Management Inc. grew its position in Invesco S&P 500 Equal Weight ETF by 25.4% during the 2nd quarter. Total Clarity Wealth Management Inc. now owns 4,304 shares of the company’s stock worth $782,000 after acquiring an additional 872 shares during the last quarter. Institutional investors and hedge funds own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Stock Up 0.4%

Invesco S&P 500 Equal Weight ETF stock opened at $199.56 on Friday. The stock has a 50-day simple moving average of $191.75 and a 200 day simple moving average of $188.70. The stock has a market capitalization of $79.49 billion, a price-to-earnings ratio of 20.10 and a beta of 0.99. Invesco S&P 500 Equal Weight ETF has a 12-month low of $150.35 and a 12-month high of $200.11.

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.