Invesco S&P 500 Equal Weight ETF $RSP Shares Sold by Fairvoy Private Wealth LLC

Fairvoy Private Wealth LLC reduced its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 64.6% during the 1st quarter, Holdings Channel.com reports. The fund owned 42,833 shares of the company’s stock after selling 78,161 shares during the quarter. Invesco S&P 500 Equal Weight ETF comprises about 2.0% of Fairvoy Private Wealth LLC’s portfolio, making the stock its 10th biggest position. Fairvoy Private Wealth LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $8,221,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Morgan Stanley increased its position in Invesco S&P 500 Equal Weight ETF by 7.9% during the fourth quarter. Morgan Stanley now owns 31,346,217 shares of the company’s stock worth $6,004,682,000 after buying an additional 2,285,526 shares during the period. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 3.8% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 26,252,217 shares of the company’s stock valued at $5,028,875,000 after acquiring an additional 959,176 shares during the period. Invesco Ltd. boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 4.6% in the fourth quarter. Invesco Ltd. now owns 10,144,784 shares of the company’s stock valued at $1,943,335,000 after acquiring an additional 444,846 shares during the period. State of Wisconsin Investment Board grew its position in shares of Invesco S&P 500 Equal Weight ETF by 14.3% during the fourth quarter. State of Wisconsin Investment Board now owns 8,485,519 shares of the company’s stock worth $1,625,486,000 after acquiring an additional 1,060,181 shares during the last quarter. Finally, LPL Financial LLC grew its position in shares of Invesco S&P 500 Equal Weight ETF by 7.1% during the fourth quarter. LPL Financial LLC now owns 5,486,948 shares of the company’s stock worth $1,051,080,000 after acquiring an additional 362,412 shares during the last quarter. 61.18% of the stock is owned by hedge funds and other institutional investors.

Invesco S&P 500 Equal Weight ETF Stock Performance

NYSEARCA RSP opened at $211.75 on Friday. The firm’s fifty day moving average is $205.99 and its two-hundred day moving average is $200.08. Invesco S&P 500 Equal Weight ETF has a one year low of $179.35 and a one year high of $214.30. The firm has a market cap of $91.35 billion, a PE ratio of 20.10 and a beta of 0.91.

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.