Atlas Wealth LLC Sells 6,928 Shares of Invesco S&P 500 Equal Weight ETF $RSP

Atlas Wealth LLC trimmed its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 27.1% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 18,605 shares of the company’s stock after selling 6,928 shares during the quarter. Atlas Wealth LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $3,564,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Dorato Capital Management bought a new stake in Invesco S&P 500 Equal Weight ETF in the fourth quarter worth $26,000. NBZ Investment Advisors LLC bought a new stake in Invesco S&P 500 Equal Weight ETF in the third quarter worth $26,000. Aviso Financial Inc. bought a new stake in Invesco S&P 500 Equal Weight ETF in the third quarter worth $28,000. IMA Advisory Services Inc. bought a new stake in Invesco S&P 500 Equal Weight ETF in the third quarter worth $33,000. Finally, Cloud Capital Management LLC bought a new stake in Invesco S&P 500 Equal Weight ETF in the third quarter worth $35,000. 61.18% of the stock is owned by institutional investors.

Invesco S&P 500 Equal Weight ETF Trading Down 1.0%

Invesco S&P 500 Equal Weight ETF stock opened at $201.56 on Friday. The business’s fifty day simple moving average is $197.89 and its two-hundred day simple moving average is $195.92. Invesco S&P 500 Equal Weight ETF has a 12 month low of $173.00 and a 12 month high of $205.53. The company has a market capitalization of $86.95 billion, a price-to-earnings ratio of 20.10 and a beta of 0.92.

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). 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.