Invesco S&P 500 Equal Weight ETF $RSP Shares Sold by Atlas Private Wealth Advisors

Atlas Private Wealth Advisors lowered its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 63.0% in the 3rd quarter, Holdings Channel.com reports. The firm owned 54,263 shares of the company’s stock after selling 92,370 shares during the period. Invesco S&P 500 Equal Weight ETF makes up 2.5% of Atlas Private Wealth Advisors’ holdings, making the stock its 14th biggest holding. Atlas Private Wealth Advisors’ holdings in Invesco S&P 500 Equal Weight ETF were worth $10,294,000 as of its most recent filing with the SEC.

Several other large investors have also modified their holdings of RSP. GRIMES & Co WEALTH MANAGEMENT LLC increased its stake in shares of Invesco S&P 500 Equal Weight ETF by 107.0% during the third quarter. GRIMES & Co WEALTH MANAGEMENT LLC now owns 265,995 shares of the company’s stock valued at $50,459,000 after acquiring an additional 137,493 shares during the period. CMG Global Holdings LLC boosted its stake in Invesco S&P 500 Equal Weight ETF by 13.6% during the 3rd quarter. CMG Global Holdings LLC now owns 35,694 shares of the company’s stock valued at $6,741,000 after purchasing an additional 4,262 shares in the last quarter. Sowell Financial Services LLC boosted its stake in Invesco S&P 500 Equal Weight ETF by 23.2% during the 3rd quarter. Sowell Financial Services LLC now owns 20,356 shares of the company’s stock valued at $3,862,000 after purchasing an additional 3,829 shares in the last quarter. Argent Advisors Inc. increased its position in shares of Invesco S&P 500 Equal Weight ETF by 5.8% during the 3rd quarter. Argent Advisors Inc. now owns 57,461 shares of the company’s stock valued at $10,900,000 after purchasing an additional 3,135 shares during the period. Finally, Geneos Wealth Management Inc. raised its stake 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 buying an additional 37,119 shares in the last quarter. Institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Stock Down 0.2%

Shares of Invesco S&P 500 Equal Weight ETF stock opened at $198.08 on Friday. The business has a fifty day simple moving average of $194.38 and a 200-day simple moving average of $189.80. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $150.35 and a fifty-two week high of $200.78. The firm has a market cap of $82.87 billion, a price-to-earnings ratio of 20.10 and a beta of 0.99.

About Invesco S&P 500 Equal Weight ETF

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.