Invesco S&P 500 Equal Weight ETF $RSP Shares Sold by Fortitude Financial LLC

Fortitude Financial LLC lessened its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 68.1% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 13,052 shares of the company’s stock after selling 27,859 shares during the period. Invesco S&P 500 Equal Weight ETF comprises 1.5% of Fortitude Financial LLC’s investment portfolio, making the stock its 13th biggest holding. Fortitude Financial LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $2,372,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of RSP. Japan Science & Technology Agency acquired a new position in shares of Invesco S&P 500 Equal Weight ETF during the first quarter worth $656,908,000. North Peak Capital Management LLC lifted its holdings in Invesco S&P 500 Equal Weight ETF by 227.3% during the 2nd quarter. North Peak Capital Management LLC now owns 1,374,131 shares of the company’s stock worth $249,735,000 after buying an additional 2,453,262 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted 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 worth $4,481,285,000 after acquiring an additional 1,103,629 shares in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 119.1% in the 2nd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 2,027,552 shares of the company’s stock valued at $368,487,000 after acquiring an additional 1,102,322 shares during the last quarter. Finally, JPMorgan Chase & Co. increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 11.7% in the 2nd quarter. JPMorgan Chase & Co. now owns 5,646,560 shares of the company’s stock valued at $1,026,206,000 after acquiring an additional 589,365 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 Down 0.7%

RSP stock opened at $193.41 on Monday. The business has a 50 day moving average price of $189.04 and a 200 day moving average price of $186.11. The stock has a market cap of $74.81 billion, a price-to-earnings ratio of 20.10 and a beta of 0.99. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $150.35 and a fifty-two week high of $195.47.

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).