Invesco S&P 500 Equal Weight ETF $RSP Position Trimmed by Tactive Advisors LLC

Tactive Advisors LLC trimmed its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 74.2% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 6,668 shares of the company’s stock after selling 19,139 shares during the period. Tactive Advisors LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $1,265,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of RSP. Geneos Wealth Management Inc. grew its position in shares of Invesco S&P 500 Equal Weight ETF by 46.5% during the second quarter. Geneos Wealth Management Inc. now owns 116,894 shares of the company’s stock worth $21,244,000 after acquiring an additional 37,119 shares during the last quarter. Total Clarity Wealth Management Inc. grew its position in Invesco S&P 500 Equal Weight ETF by 25.4% in the 2nd quarter. Total Clarity Wealth Management Inc. now owns 4,304 shares of the company’s stock worth $782,000 after purchasing an additional 872 shares during the last quarter. Gilbert Capital Group Inc. acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF in the second quarter valued at approximately $1,771,000. Quantbot Technologies LP acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF in the second quarter valued at approximately $3,391,000. Finally, Corient Private Wealth LLC raised its holdings in shares of Invesco S&P 500 Equal Weight ETF by 303.3% during the second quarter. Corient Private Wealth LLC now owns 1,015,653 shares of the company’s stock valued at $184,495,000 after buying an additional 763,825 shares during the last quarter. 61.18% of the stock is currently owned by institutional investors.

Invesco S&P 500 Equal Weight ETF Price Performance

RSP opened at $193.09 on Wednesday. The stock’s 50 day moving average price is $189.58 and its 200 day moving average price is $186.88. The stock has a market cap of $74.69 billion, a P/E ratio of 20.10 and a beta of 0.99. Invesco S&P 500 Equal Weight ETF has a 12 month low of $150.35 and a 12 month high of $195.46.

Invesco S&P 500 Equal Weight ETF 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.