Louisbourg Investments Inc. Lowers Stock Holdings in Invesco S&P 500 Equal Weight ETF $RSP

Louisbourg Investments Inc. lowered its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 35.1% in the 3rd quarter, Holdings Channel.com reports. The fund owned 15,350 shares of the company’s stock after selling 8,300 shares during the period. Louisbourg Investments Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $2,912,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Northwestern Mutual Wealth Management Co. grew its position in shares of Invesco S&P 500 Equal Weight ETF by 4.7% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 24,657,672 shares of the company’s stock valued at $4,481,285,000 after purchasing an additional 1,103,629 shares in the last quarter. JPMorgan Chase & Co. raised its position in shares of Invesco S&P 500 Equal Weight ETF by 11.7% in the second quarter. JPMorgan Chase & Co. now owns 5,646,560 shares of the company’s stock worth $1,026,206,000 after buying an additional 589,365 shares in the last quarter. Japan Science & Technology Agency bought a new stake in Invesco S&P 500 Equal Weight ETF during the first quarter valued at $656,908,000. Ameriprise Financial Inc. boosted its stake in Invesco S&P 500 Equal Weight ETF by 1.8% during the first quarter. Ameriprise Financial Inc. now owns 3,724,141 shares of the company’s stock valued at $646,126,000 after buying an additional 65,243 shares during the period. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS grew its position in Invesco S&P 500 Equal Weight ETF by 119.1% during the second quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 2,027,552 shares of the company’s stock worth $368,487,000 after buying an additional 1,102,322 shares in the last quarter. Institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Stock Up 0.4%

Shares of NYSEARCA RSP opened at $192.88 on Friday. The stock’s 50-day simple moving average is $189.36 and its two-hundred day simple moving average is $186.54. Invesco S&P 500 Equal Weight ETF has a twelve month low of $150.35 and a twelve month high of $195.46. The firm has a market capitalization of $74.61 billion, a P/E ratio of 20.10 and a beta of 0.99.

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.