Invesco S&P 500 Equal Weight ETF $RSP is Perbak Capital Partners LLP’s 2nd Largest Position

Perbak Capital Partners LLP cut its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 1.8% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 289,582 shares of the company’s stock after selling 5,209 shares during the quarter. Invesco S&P 500 Equal Weight ETF accounts for about 9.7% of Perbak Capital Partners LLP’s investment portfolio, making the stock its 2nd largest holding. Perbak Capital Partners LLP’s holdings in Invesco S&P 500 Equal Weight ETF were worth $54,934,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of RSP. Regal Investment Advisors LLC increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 14.0% in the 3rd quarter. Regal Investment Advisors LLC now owns 10,698 shares of the company’s stock valued at $2,029,000 after purchasing an additional 1,312 shares during the period. Brown Brothers Harriman & Co. boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 2.2% during the third quarter. Brown Brothers Harriman & Co. now owns 62,118 shares of the company’s stock worth $11,784,000 after purchasing an additional 1,360 shares during the period. Benchmark Investment Advisors LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF during the third quarter worth approximately $685,000. Boston Partners purchased a new position in Invesco S&P 500 Equal Weight ETF during the third quarter valued at approximately $2,000,000. Finally, SFG Wealth Management LLC. purchased a new position in Invesco S&P 500 Equal Weight ETF during the third quarter valued at approximately $256,000. Hedge funds and other institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Stock Performance

Invesco S&P 500 Equal Weight ETF stock opened at $193.52 on Friday. The firm has a market cap of $80.25 billion, a PE ratio of 20.10 and a beta of 0.99. The firm’s 50 day moving average price is $199.87 and its two-hundred day moving average price is $193.13. Invesco S&P 500 Equal Weight ETF has a twelve month low of $150.35 and a twelve month 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.