Roger Wittlin Investment Advisory LLC decreased its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) by 26.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 16,159 shares of the company’s stock after selling 5,776 shares during the period. Invesco S&P 500 Equal Weight ETF makes up 2.2% of Roger Wittlin Investment Advisory LLC’s portfolio, making the stock its 12th biggest position. Roger Wittlin Investment Advisory LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $3,095,000 as of its most recent filing with the Securities and Exchange Commission.
Other hedge funds and other institutional investors also recently made changes to their positions in the company. Brighton Jones LLC boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 3.4% in the fourth quarter. Brighton Jones LLC now owns 7,516 shares of the company’s stock valued at $1,317,000 after acquiring an additional 246 shares in the last quarter. Heck Capital Advisors LLC bought a new stake in Invesco S&P 500 Equal Weight ETF during the fourth quarter worth approximately $83,931,000. Bison Wealth LLC raised its holdings in Invesco S&P 500 Equal Weight ETF by 25.8% during the fourth quarter. Bison Wealth LLC now owns 20,957 shares of the company’s stock worth $3,672,000 after purchasing an additional 4,295 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC acquired a new stake in Invesco S&P 500 Equal Weight ETF in the first quarter worth approximately $11,553,000. Finally, Rhumbline Advisers lifted its position in Invesco S&P 500 Equal Weight ETF by 46.5% in the second quarter. Rhumbline Advisers now owns 22,322 shares of the company’s stock worth $4,057,000 after purchasing an additional 7,086 shares during the period. 61.18% of the stock is currently owned by institutional investors.
Invesco S&P 500 Equal Weight ETF Stock Performance
Shares of NYSEARCA RSP opened at $193.09 on Friday. Invesco S&P 500 Equal Weight ETF has a 1 year low of $150.35 and a 1 year high of $205.24. The firm has a market cap of $85.47 billion, a P/E ratio of 20.10 and a beta of 0.99. The stock has a fifty day moving average price of $198.20 and a two-hundred day moving average price of $193.57.
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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