Turtle Creek Wealth Advisors LLC Sells 13,452 Shares of Invesco S&P 500 Equal Weight ETF $RSP

Turtle Creek Wealth Advisors LLC reduced its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 77.7% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 3,851 shares of the company’s stock after selling 13,452 shares during the period. Turtle Creek Wealth Advisors LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $739,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of RSP. Private Advisor Group LLC grew its stake in Invesco S&P 500 Equal Weight ETF by 24.4% in the 1st quarter. Private Advisor Group LLC now owns 524,881 shares of the company’s stock valued at $100,735,000 after buying an additional 102,918 shares during the last quarter. Y Intercept Hong Kong Ltd lifted its position in Invesco S&P 500 Equal Weight ETF by 240.1% during the first quarter. Y Intercept Hong Kong Ltd now owns 6,094 shares of the company’s stock worth $1,170,000 after acquiring an additional 4,302 shares during the last quarter. Elevation Point Wealth Partners LLC boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 69.5% during the first quarter. Elevation Point Wealth Partners LLC now owns 18,574 shares of the company’s stock worth $3,565,000 after acquiring an additional 7,613 shares during the period. Sharp Wealth Advisory LLC boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 5.8% during the first quarter. Sharp Wealth Advisory LLC now owns 7,177 shares of the company’s stock worth $1,377,000 after acquiring an additional 392 shares during the period. Finally, Sound Income Strategies LLC grew its position in shares of Invesco S&P 500 Equal Weight ETF by 6.1% in the first quarter. Sound Income Strategies LLC now owns 2,838 shares of the company’s stock valued at $546,000 after purchasing an additional 162 shares during the last quarter. 61.18% of the stock is currently owned by institutional investors and hedge funds.

Invesco S&P 500 Equal Weight ETF Price Performance

RSP opened at $214.91 on Friday. The business has a fifty day simple moving average of $207.33 and a 200 day simple moving average of $200.89. Invesco S&P 500 Equal Weight ETF has a 1 year low of $179.94 and a 1 year high of $215.61. The company has a market capitalization of $93.84 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.