Atlanta Consulting Group Advisors LLC Sells 36,559 Shares of Invesco S&P 500 Equal Weight ETF $RSP

Atlanta Consulting Group Advisors LLC lessened its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 14.3% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 218,466 shares of the company’s stock after selling 36,559 shares during the quarter. Invesco S&P 500 Equal Weight ETF makes up about 10.1% of Atlanta Consulting Group Advisors LLC’s holdings, making the stock its 3rd largest position. Atlanta Consulting Group Advisors LLC owned about 0.06% of Invesco S&P 500 Equal Weight ETF worth $41,443,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in RSP. Fusion Capital LLC raised its holdings in Invesco S&P 500 Equal Weight ETF by 2.2% in the 2nd quarter. Fusion Capital LLC now owns 2,564 shares of the company’s stock valued at $466,000 after acquiring an additional 56 shares during the last quarter. Burns J W & Co. Inc. NY grew its position 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 purchasing an additional 57 shares during the period. Melfa Wealth Management Inc. grew its position in shares of Invesco S&P 500 Equal Weight ETF by 1.7% in the third quarter. Melfa Wealth Management Inc. now owns 3,473 shares of the company’s stock valued at $659,000 after purchasing an additional 57 shares during the period. Signature Estate & Investment Advisors LLC increased its stake in Invesco S&P 500 Equal Weight ETF by 1.2% in the second quarter. Signature Estate & Investment Advisors LLC now owns 5,502 shares of the company’s stock valued at $1,000,000 after purchasing an additional 64 shares during the last quarter. Finally, Associated Banc Corp lifted its position in Invesco S&P 500 Equal Weight ETF by 1.7% during the third quarter. Associated Banc Corp now owns 3,844 shares of the company’s stock worth $729,000 after buying an additional 65 shares during the period. 61.18% of the stock is owned by institutional investors and hedge funds.

Invesco S&P 500 Equal Weight ETF Price Performance

RSP opened at $202.26 on Friday. Invesco S&P 500 Equal Weight ETF has a 12 month low of $150.35 and a 12 month high of $202.49. The business has a 50-day moving average of $195.39 and a two-hundred day moving average of $190.40. The stock has a market capitalization of $83.88 billion, a price-to-earnings ratio of 20.10 and a beta of 0.99.

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.