Invesco S&P 500 Equal Weight ETF $RSP Shares Sold by Atlas Legacy Advisors LLC

Atlas Legacy Advisors LLC cut its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 6.6% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 50,788 shares of the company’s stock after selling 3,594 shares during the quarter. Invesco S&P 500 Equal Weight ETF makes up approximately 1.9% of Atlas Legacy Advisors LLC’s investment portfolio, making the stock its 12th largest position. Atlas Legacy Advisors LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $9,634,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in the company. GRIMES & Co WEALTH MANAGEMENT LLC increased its position in shares of Invesco S&P 500 Equal Weight ETF by 107.0% in the 3rd quarter. GRIMES & Co WEALTH MANAGEMENT LLC now owns 265,995 shares of the company’s stock valued at $50,459,000 after purchasing an additional 137,493 shares during the last quarter. CMG Global Holdings LLC lifted its position 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 during the last quarter. Sowell Financial Services LLC grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 23.2% during the third 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 in the last quarter. Geneos Wealth Management Inc. grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 46.5% during the second 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 in the last quarter. Finally, Total Clarity Wealth Management Inc. increased its holdings in Invesco S&P 500 Equal Weight ETF by 25.4% in the second 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 during the last quarter. 61.18% of the stock is currently owned by institutional investors and hedge funds.

Invesco S&P 500 Equal Weight ETF Price Performance

Invesco S&P 500 Equal Weight ETF stock opened at $199.66 on Friday. The stock has a market cap of $80.43 billion, a PE ratio of 20.10 and a beta of 0.99. The stock’s fifty day moving average is $192.74 and its two-hundred day moving average is $189.21. Invesco S&P 500 Equal Weight ETF has a 1-year low of $150.35 and a 1-year high of $200.78.

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.