Heck Capital Advisors LLC Has $26.25 Million Stock Position in Invesco S&P 500 Equal Weight ETF $RSP

Heck Capital Advisors LLC reduced its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 54.7% in the 4th quarter, Holdings Channel reports. The fund owned 137,013 shares of the company’s stock after selling 165,227 shares during the period. Invesco S&P 500 Equal Weight ETF makes up about 2.0% of Heck Capital Advisors LLC’s portfolio, making the stock its 13th biggest position. Heck Capital Advisors LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $26,246,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of RSP. Melfa Wealth Management Inc. boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 3.0% during the fourth quarter. Melfa Wealth Management Inc. now owns 3,577 shares of the company’s stock worth $685,000 after purchasing an additional 104 shares during the period. Crewe Advisors LLC increased its stake in Invesco S&P 500 Equal Weight ETF by 124.7% in the 4th quarter. Crewe Advisors LLC now owns 3,400 shares of the company’s stock valued at $651,000 after buying an additional 1,887 shares during the period. Beaumont Financial Advisors LLC increased its stake in Invesco S&P 500 Equal Weight ETF by 20.8% in the 4th quarter. Beaumont Financial Advisors LLC now owns 1,946 shares of the company’s stock valued at $373,000 after buying an additional 335 shares during the period. Dorato Capital Management purchased a new stake in Invesco S&P 500 Equal Weight ETF in the 4th quarter worth approximately $26,000. Finally, Wealth Advisory Solutions LLC lifted its position in Invesco S&P 500 Equal Weight ETF by 63.7% in the 4th quarter. Wealth Advisory Solutions LLC now owns 111,894 shares of the company’s stock worth $21,434,000 after buying an additional 43,528 shares in the last quarter. 61.18% of the stock is currently owned by institutional investors and hedge funds.

Invesco S&P 500 Equal Weight ETF Stock Up 0.3%

Shares of NYSEARCA:RSP opened at $193.09 on Friday. The firm has a fifty day moving average of $198.31 and a two-hundred day moving average of $193.50. Invesco S&P 500 Equal Weight ETF has a 12-month low of $150.35 and a 12-month high of $205.24. The firm has a market capitalization of $80.07 billion, a P/E 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.