BBR Partners LLC Has $24.14 Million Stock Holdings in Invesco S&P 500 Equal Weight ETF $RSP

BBR Partners LLC cut its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 2.0% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 127,277 shares of the company’s stock after selling 2,643 shares during the quarter. Invesco S&P 500 Equal Weight ETF makes up 1.4% of BBR Partners LLC’s portfolio, making the stock its 10th largest position. BBR Partners LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $24,144,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of RSP. Serenus Wealth Advisors LLC grew its stake in Invesco S&P 500 Equal Weight ETF by 66.9% in the third quarter. Serenus Wealth Advisors LLC now owns 3,661 shares of the company’s stock valued at $694,000 after purchasing an additional 1,467 shares in the last quarter. Drucker Wealth 3.0 LLC raised its position in Invesco S&P 500 Equal Weight ETF by 3.3% during the third quarter. Drucker Wealth 3.0 LLC now owns 1,701 shares of the company’s stock worth $323,000 after acquiring an additional 55 shares in the last quarter. Cornerstone Advisory LLC lifted its stake in Invesco S&P 500 Equal Weight ETF by 13.6% in the third quarter. Cornerstone Advisory LLC now owns 4,674 shares of the company’s stock valued at $887,000 after acquiring an additional 560 shares during the last quarter. Crestwood Advisors Group LLC lifted its stake in Invesco S&P 500 Equal Weight ETF by 9.3% in the third quarter. Crestwood Advisors Group LLC now owns 2,295 shares of the company’s stock valued at $435,000 after acquiring an additional 196 shares during the last quarter. Finally, Arvest Bank Trust Division grew its position in shares of Invesco S&P 500 Equal Weight ETF by 1.5% in the 3rd quarter. Arvest Bank Trust Division now owns 180,468 shares of the company’s stock valued at $34,235,000 after acquiring an additional 2,601 shares during the period. Institutional investors and hedge funds own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Price Performance

Invesco S&P 500 Equal Weight ETF stock opened at $202.52 on Wednesday. The company’s 50-day moving average is $197.02 and its 200-day moving average is $191.26. The firm has a market capitalization of $83.99 billion, a PE 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 $205.24.

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.