Advisor Resource Council Sells 5,922 Shares of Invesco S&P 500 Equal Weight ETF $RSP

Advisor Resource Council lowered its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 7.1% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 77,904 shares of the company’s stock after selling 5,922 shares during the quarter. Invesco S&P 500 Equal Weight ETF accounts for approximately 20.0% of Advisor Resource Council’s investment portfolio, making the stock its 2nd largest position. Advisor Resource Council’s holdings in Invesco S&P 500 Equal Weight ETF were worth $14,778,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. North Peak Capital Management LLC grew its position in Invesco S&P 500 Equal Weight ETF by 227.3% during the second quarter. North Peak Capital Management LLC now owns 1,374,131 shares of the company’s stock valued at $249,735,000 after purchasing an additional 2,453,262 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its position in 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 worth $4,481,285,000 after buying an additional 1,103,629 shares in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 119.1% during 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 buying an additional 1,102,322 shares during the period. Corient Private Wealth LLC grew its holdings in shares of Invesco S&P 500 Equal Weight ETF by 303.3% during the 2nd quarter. Corient Private Wealth LLC now owns 1,015,653 shares of the company’s stock valued at $184,495,000 after acquiring an additional 763,825 shares in the last quarter. Finally, JPMorgan Chase & Co. grew its holdings in shares of Invesco S&P 500 Equal Weight ETF by 11.7% during 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 in the last quarter. 61.18% of the stock is currently owned by institutional investors.

Invesco S&P 500 Equal Weight ETF Trading Down 1.2%

RSP stock opened at $198.15 on Monday. Invesco S&P 500 Equal Weight ETF has a 1 year low of $150.35 and a 1 year high of $205.24. The company has a fifty day simple moving average of $199.53 and a 200 day simple moving average of $192.92. The firm has a market cap of $82.17 billion, a PE ratio of 20.10 and a beta of 0.99.

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.