Invesco S&P 500 Equal Weight ETF $RSP Shares Sold by Benchmark Financial Wealth Advisors LLC

Benchmark Financial Wealth Advisors LLC decreased its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 29.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 20,593 shares of the company’s stock after selling 8,680 shares during the quarter. Invesco S&P 500 Equal Weight ETF comprises approximately 1.1% of Benchmark Financial Wealth Advisors LLC’s holdings, making the stock its 25th largest position. Benchmark Financial Wealth Advisors LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $3,945,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of the company. Pacific Point Advisors LLC lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 4.2% in the fourth quarter. Pacific Point Advisors LLC now owns 1,305 shares of the company’s stock valued at $250,000 after buying an additional 52 shares during the period. Drucker Wealth 3.0 LLC lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 3.3% in the third quarter. Drucker Wealth 3.0 LLC now owns 1,701 shares of the company’s stock valued at $323,000 after buying an additional 55 shares during the period. Strategies Wealth Advisors LLC lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 3.5% in the third quarter. Strategies Wealth Advisors LLC now owns 1,618 shares of the company’s stock valued at $307,000 after buying an additional 55 shares during the period. Battery Global Advisors LLC lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 0.4% in the third quarter. Battery Global Advisors LLC now owns 12,710 shares of the company’s stock valued at $2,411,000 after buying an additional 55 shares during the period. Finally, Burns J W & Co. Inc. NY lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 0.4% in the third quarter. Burns J W & Co. Inc. NY now owns 13,281 shares of the company’s stock valued at $2,519,000 after buying an additional 57 shares during the period. Institutional investors and hedge funds own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of Invesco S&P 500 Equal Weight ETF stock opened at $203.16 on Monday. The firm has a market cap of $88.95 billion, a price-to-earnings ratio of 20.10 and a beta of 0.94. The business has a fifty day simple moving average of $198.01 and a 200-day simple moving average of $194.27. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $157.71 and a fifty-two week high of $205.24.

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.