Invesco S&P 500 Equal Weight ETF $RSP Shares Sold by Activest Wealth Management

Activest Wealth Management lessened its stake in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 4.0% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 233,877 shares of the company’s stock after selling 9,670 shares during the quarter. Invesco S&P 500 Equal Weight ETF comprises about 9.0% of Activest Wealth Management’s holdings, making the stock its 3rd largest holding. Activest Wealth Management owned approximately 0.06% of Invesco S&P 500 Equal Weight ETF worth $44,367,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. North Peak Capital Management LLC grew its holdings in Invesco S&P 500 Equal Weight ETF by 227.3% during the 2nd 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 holdings 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 position in Invesco S&P 500 Equal Weight ETF by 119.1% in 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 last quarter. Corient Private Wealth LLC grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 303.3% during the second 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. increased its position in shares of Invesco S&P 500 Equal Weight ETF by 11.7% during the second quarter. JPMorgan Chase & Co. now owns 5,646,560 shares of the company’s stock worth $1,026,206,000 after acquiring an additional 589,365 shares during the last quarter. Hedge funds and other institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Stock Performance

NYSEARCA:RSP opened at $198.26 on Thursday. The stock has a market cap of $82.27 billion, a price-to-earnings ratio of 20.10 and a beta of 0.99. Invesco S&P 500 Equal Weight ETF has a one year low of $150.35 and a one year high of $200.78. The business’s 50-day simple moving average is $193.81 and its 200 day simple moving average is $189.64.

Invesco S&P 500 Equal Weight ETF Company 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.