Dana Investment Advisors Inc. Sells 2,967 Shares of Invesco S&P 500 Equal Weight ETF $RSP

Dana Investment Advisors Inc. decreased its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 17.2% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 14,263 shares of the company’s stock after selling 2,967 shares during the quarter. Dana Investment Advisors Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $2,706,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of RSP. Brighton Jones LLC grew its holdings in Invesco S&P 500 Equal Weight ETF by 3.4% during the 4th quarter. Brighton Jones LLC now owns 7,516 shares of the company’s stock worth $1,317,000 after acquiring an additional 246 shares during the last quarter. Heck Capital Advisors LLC acquired a new position in shares of Invesco S&P 500 Equal Weight ETF during the fourth quarter worth $83,931,000. Bison Wealth LLC grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 25.8% in the fourth quarter. Bison Wealth LLC now owns 20,957 shares of the company’s stock worth $3,672,000 after purchasing an additional 4,295 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC bought a new stake in shares of Invesco S&P 500 Equal Weight ETF in the first quarter worth $11,553,000. Finally, Wealthfront Advisers LLC increased its holdings in Invesco S&P 500 Equal Weight ETF by 23.9% in the second quarter. Wealthfront Advisers LLC now owns 27,476 shares of the company’s stock valued at $4,993,000 after purchasing an additional 5,294 shares during the period. Institutional investors and hedge funds own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Stock Up 0.1%

Shares of NYSEARCA:RSP opened at $203.58 on Thursday. The firm has a market cap of $84.42 billion, a P/E ratio of 20.10 and a beta of 0.99. Invesco S&P 500 Equal Weight ETF has a 12-month low of $150.35 and a 12-month high of $205.24. The business has a fifty day simple moving average of $198.23 and a 200 day simple moving average of $192.05.

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.