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

Founders Financial Securities LLC cut its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 41.6% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 22,788 shares of the company’s stock after selling 16,229 shares during the quarter. Founders Financial Securities LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $4,323,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in RSP. Japan Science & Technology Agency acquired a new position in Invesco S&P 500 Equal Weight ETF during the first quarter valued at $656,908,000. North Peak Capital Management LLC raised its stake in shares of 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 valued at $249,735,000 after buying an additional 2,453,262 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 4.7% in 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 buying an additional 1,103,629 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 119.1% in 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 during the last quarter. Finally, Corient Private Wealth LLC boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 303.3% in the second quarter. Corient Private Wealth LLC now owns 1,015,653 shares of the company’s stock worth $184,495,000 after buying an additional 763,825 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 Trading Down 0.2%

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

About Invesco S&P 500 Equal Weight ETF

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.