Willis Johnson & Associates Inc. Reduces Position in Invesco S&P 500 Equal Weight ETF $RSP

Willis Johnson & Associates Inc. reduced its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 72.2% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,295 shares of the company’s stock after selling 3,366 shares during the quarter. Willis Johnson & Associates Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $246,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Investment Counsel Co. of Nevada purchased a new position in Invesco S&P 500 Equal Weight ETF in the 2nd quarter valued at about $29,000. Tompkins Financial Corp purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF during the third quarter worth about $32,000. GoalVest Advisory LLC acquired a new position in shares of Invesco S&P 500 Equal Weight ETF in the second quarter valued at approximately $34,000. Cloud Capital Management LLC acquired a new position in shares of Invesco S&P 500 Equal Weight ETF in the third quarter valued at approximately $35,000. Finally, Copia Wealth Management lifted its stake in shares of Invesco S&P 500 Equal Weight ETF by 335.8% during the third quarter. Copia Wealth Management now owns 231 shares of the company’s stock valued at $44,000 after buying an additional 178 shares during the period. Institutional investors and hedge funds own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of NYSEARCA RSP opened at $203.46 on Thursday. The firm has a market cap of $84.37 billion, a P/E ratio of 20.10 and a beta of 0.99. Invesco S&P 500 Equal Weight ETF has a 1 year low of $150.35 and a 1 year high of $204.17. The firm’s 50 day moving average price is $196.14 and its 200 day moving average price is $190.72.

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.