Invesco S&P 500 Equal Weight ETF $RSP Shares Sold by Harel Insurance Investments & Financial Services Ltd.

Harel Insurance Investments & Financial Services Ltd. trimmed its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 37.6% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 31,639 shares of the company’s stock after selling 19,050 shares during the quarter. Harel Insurance Investments & Financial Services Ltd.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $5,845,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently modified their holdings of RSP. GRIMES & Co WEALTH MANAGEMENT LLC raised its position in Invesco S&P 500 Equal Weight ETF by 107.0% during the third quarter. GRIMES & Co WEALTH MANAGEMENT LLC now owns 265,995 shares of the company’s stock worth $50,459,000 after acquiring an additional 137,493 shares during the last quarter. CMG Global Holdings LLC increased its stake in shares of Invesco S&P 500 Equal Weight ETF by 13.6% during the 3rd quarter. CMG Global Holdings LLC now owns 35,694 shares of the company’s stock worth $6,741,000 after purchasing an additional 4,262 shares in the last quarter. Sowell Financial Services LLC raised its position in shares of Invesco S&P 500 Equal Weight ETF by 23.2% during the 3rd quarter. Sowell Financial Services LLC now owns 20,356 shares of the company’s stock worth $3,862,000 after purchasing an additional 3,829 shares during the last quarter. Geneos Wealth Management Inc. raised its position in shares of Invesco S&P 500 Equal Weight ETF by 46.5% during the 2nd quarter. Geneos Wealth Management Inc. now owns 116,894 shares of the company’s stock worth $21,244,000 after purchasing an additional 37,119 shares during the last quarter. Finally, Total Clarity Wealth Management Inc. lifted its stake in Invesco S&P 500 Equal Weight ETF by 25.4% in the 2nd quarter. Total Clarity Wealth Management Inc. now owns 4,304 shares of the company’s stock valued at $782,000 after buying an additional 872 shares in the last quarter. 61.18% of the stock is currently owned by hedge funds and other institutional investors.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of NYSEARCA:RSP opened at $199.05 on Friday. The business’s fifty day moving average price is $191.98 and its two-hundred day moving average price is $188.86. The stock has a market cap of $80.05 billion, a PE ratio of 20.10 and a beta of 0.99. Invesco S&P 500 Equal Weight ETF has a one year low of $150.35 and a one year high of $200.10.

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.