Courier Capital LLC Has $17.30 Million Stock Position in Invesco S&P 500 Equal Weight ETF $RSP

Courier Capital LLC reduced its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 17.8% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 91,200 shares of the company’s stock after selling 19,729 shares during the period. Invesco S&P 500 Equal Weight ETF comprises about 1.0% of Courier Capital LLC’s holdings, making the stock its 22nd largest position. Courier Capital LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $17,301,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Investment Counsel Co. of Nevada acquired a new stake in Invesco S&P 500 Equal Weight ETF in the second quarter valued at approximately $29,000. Tompkins Financial Corp acquired a new position in shares of Invesco S&P 500 Equal Weight ETF during the 3rd quarter worth $32,000. GoalVest Advisory LLC bought a new position in shares of Invesco S&P 500 Equal Weight ETF during the 2nd quarter valued at $34,000. Howe & Rusling Inc. raised its holdings in shares of Invesco S&P 500 Equal Weight ETF by 51.9% during the 2nd quarter. Howe & Rusling Inc. now owns 287 shares of the company’s stock valued at $52,000 after purchasing an additional 98 shares in the last quarter. Finally, Hanson & Doremus Investment Management lifted its stake in shares of Invesco S&P 500 Equal Weight ETF by 30.5% in the 2nd quarter. Hanson & Doremus Investment Management now owns 308 shares of the company’s stock valued at $56,000 after purchasing an additional 72 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 Price Performance

Invesco S&P 500 Equal Weight ETF stock opened at $199.05 on Monday. Invesco S&P 500 Equal Weight ETF has a one year low of $150.35 and a one year high of $200.10. The company’s fifty day moving average price is $191.98 and its two-hundred day moving average price is $188.89. The company has a market capitalization of $80.05 billion, a price-to-earnings 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.