Roman Butler Fullerton & Co. cut its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) by 70.4% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 14,842 shares of the company’s stock after selling 35,236 shares during the quarter. Roman Butler Fullerton & Co.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $3,167,000 as of its most recent SEC filing.
Other large investors also recently modified their holdings of the company. Highland Investment Advisors LLC purchased a new stake in Invesco S&P 500 Equal Weight ETF in the second quarter worth approximately $26,000. Brandywine Financial Group grew its position in Invesco S&P 500 Equal Weight ETF by 636.8% during the second quarter. Brandywine Financial Group now owns 140 shares of the company’s stock valued at $30,000 after acquiring an additional 121 shares during the last quarter. Valley National Advisers Inc. bought a new position in Invesco S&P 500 Equal Weight ETF during the third quarter valued at approximately $31,000. Rogco LP bought a new position in Invesco S&P 500 Equal Weight ETF during the second quarter valued at approximately $34,000. Finally, Asset Dedication LLC purchased a new position in shares of Invesco S&P 500 Equal Weight ETF during the first quarter worth approximately $36,000. 61.18% of the stock is owned by hedge funds and other institutional investors.
Invesco S&P 500 Equal Weight ETF Stock Performance
RSP stock opened at $217.52 on Wednesday. The company has a market capitalization of $99.79 billion, a PE ratio of 20.10 and a beta of 0.92. Invesco S&P 500 Equal Weight ETF has a one year low of $182.11 and a one year high of $223.43. The company’s 50 day moving average price is $215.18 and its two-hundred day moving average price is $207.43.
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.
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