Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) Stake Lowered by Elk River Wealth Management LLC

Elk River Wealth Management LLC reduced its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 0.0% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 191,921 shares of the company’s stock after selling 90 shares during the period. Invesco S&P 500 Equal Weight ETF accounts for 6.1% of Elk River Wealth Management LLC’s investment portfolio, making the stock its 3rd biggest holding. Elk River Wealth Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $33,631,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also modified their holdings of RSP. Alpha Financial Partners LLC grew its holdings in shares of Invesco S&P 500 Equal Weight ETF by 42.3% during the 3rd quarter. Alpha Financial Partners LLC now owns 5,049 shares of the company’s stock valued at $905,000 after acquiring an additional 1,502 shares in the last quarter. Blue Trust Inc. grew its holdings in shares of Invesco S&P 500 Equal Weight ETF by 39.6% during the 3rd quarter. Blue Trust Inc. now owns 610 shares of the company’s stock valued at $100,000 after acquiring an additional 173 shares in the last quarter. Foundations Investment Advisors LLC grew its holdings in shares of Invesco S&P 500 Equal Weight ETF by 428.4% during the 3rd quarter. Foundations Investment Advisors LLC now owns 19,034 shares of the company’s stock valued at $3,410,000 after acquiring an additional 15,432 shares in the last quarter. Signaturefd LLC grew its holdings in shares of Invesco S&P 500 Equal Weight ETF by 70.2% during the 3rd quarter. Signaturefd LLC now owns 10,021 shares of the company’s stock valued at $1,795,000 after acquiring an additional 4,134 shares in the last quarter. Finally, Eastern Bank purchased a new position in shares of Invesco S&P 500 Equal Weight ETF during the 3rd quarter valued at $28,000.

Invesco S&P 500 Equal Weight ETF Stock Up 0.2 %

Invesco S&P 500 Equal Weight ETF stock opened at $182.84 on Thursday. The stock has a market cap of $61.24 billion, a P/E ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a 12 month low of $158.83 and a 12 month high of $188.16. The company’s fifty day simple moving average is $179.00 and its 200-day simple moving average is $178.17.

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).