Invesco S&P 500 Equal Weight ETF $RSP Shares Sold by GFS Advisors LLC

GFS Advisors LLC lessened its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 6.0% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 86,784 shares of the company’s stock after selling 5,494 shares during the quarter. Invesco S&P 500 Equal Weight ETF accounts for 2.1% of GFS Advisors LLC’s portfolio, making the stock its 12th largest position. GFS Advisors LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $16,463,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of RSP. Northwestern Mutual Wealth Management Co. increased its stake in shares of Invesco S&P 500 Equal Weight ETF by 4.7% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 24,657,672 shares of the company’s stock worth $4,481,285,000 after buying an additional 1,103,629 shares during the last quarter. JPMorgan Chase & Co. grew its holdings in Invesco S&P 500 Equal Weight ETF by 11.7% during the 2nd quarter. JPMorgan Chase & Co. now owns 5,646,560 shares of the company’s stock worth $1,026,206,000 after acquiring an additional 589,365 shares in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its position in shares of Invesco S&P 500 Equal Weight ETF by 119.1% in the 2nd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 2,027,552 shares of the company’s stock worth $368,487,000 after purchasing an additional 1,102,322 shares during the last quarter. Phoenix Financial Ltd. raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 13.8% in the 3rd quarter. Phoenix Financial Ltd. now owns 1,768,432 shares of the company’s stock valued at $335,472,000 after purchasing an additional 214,432 shares in the last quarter. Finally, Cerity Partners LLC lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 3.2% during the third quarter. Cerity Partners LLC now owns 1,756,382 shares of the company’s stock worth $333,186,000 after purchasing an additional 54,925 shares during the last quarter. 61.18% of the stock is currently owned by hedge funds and other institutional investors.

Invesco S&P 500 Equal Weight ETF Stock Performance

NYSEARCA:RSP opened at $200.79 on Friday. The company has a market capitalization of $83.27 billion, a price-to-earnings ratio of 20.10 and a beta of 0.99. Invesco S&P 500 Equal Weight ETF has a one year low of $150.35 and a one year high of $205.24. The stock has a 50-day simple moving average of $196.32 and a 200 day simple moving average of $190.79.

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.