Invesco S&P 500 Equal Weight ETF $RSP Shares Sold by Cercano Management LLC

Cercano Management LLC lowered its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 14.4% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 534,478 shares of the company’s stock after selling 89,603 shares during the period. Invesco S&P 500 Equal Weight ETF makes up about 3.9% of Cercano Management LLC’s holdings, making the stock its 7th biggest position. Cercano Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $102,385,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in the business. NBZ Investment Advisors LLC bought a new stake in Invesco S&P 500 Equal Weight ETF during the third quarter worth about $26,000. Dorato Capital Management bought a new position in shares of Invesco S&P 500 Equal Weight ETF in the 4th quarter worth approximately $26,000. Aviso Financial Inc. bought a new position in shares of Invesco S&P 500 Equal Weight ETF in the 3rd quarter worth approximately $28,000. IMA Advisory Services Inc. bought a new position in shares of Invesco S&P 500 Equal Weight ETF in the 3rd quarter worth approximately $33,000. Finally, Goodman Advisory Group LLC bought a new position in shares of Invesco S&P 500 Equal Weight ETF in the 3rd quarter worth approximately $35,000. Institutional investors and hedge funds own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of NYSEARCA:RSP opened at $209.21 on Tuesday. Invesco S&P 500 Equal Weight ETF has a 52-week low of $174.27 and a 52-week high of $209.77. The firm has a market capitalization of $90.26 billion, a P/E ratio of 20.10 and a beta of 0.92. The stock has a 50 day moving average price of $200.12 and a 200-day moving average price of $197.36.

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.