Aptus Capital Advisors LLC Cuts Stock Holdings in Invesco S&P 500 Equal Weight ETF $RSP

Aptus Capital Advisors LLC reduced its position 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 filing with the Securities & Exchange Commission. The fund owned 452,873 shares of the company’s stock after selling 19,037 shares during the period. Aptus Capital Advisors LLC owned about 0.12% of Invesco S&P 500 Equal Weight ETF worth $85,910,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in RSP. Drucker Wealth 3.0 LLC raised its stake 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 worth $323,000 after purchasing an additional 55 shares during the last quarter. Strategies Wealth Advisors LLC increased its holdings in Invesco S&P 500 Equal Weight ETF by 3.5% in the 3rd quarter. Strategies Wealth Advisors LLC now owns 1,618 shares of the company’s stock worth $307,000 after buying an additional 55 shares in the last quarter. Battery Global Advisors LLC raised its position in Invesco S&P 500 Equal Weight ETF by 0.4% in the 3rd quarter. Battery Global Advisors LLC now owns 12,710 shares of the company’s stock worth $2,411,000 after buying an additional 55 shares during the last quarter. Fusion Capital LLC raised its position 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 worth $466,000 after buying an additional 56 shares during the last quarter. Finally, Burns J W & Co. Inc. NY lifted its stake in Invesco S&P 500 Equal Weight ETF by 0.4% during the 3rd quarter. Burns J W & Co. Inc. NY now owns 13,281 shares of the company’s stock valued at $2,519,000 after acquiring an additional 57 shares during the period. 61.18% of the stock is owned by institutional investors.

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

Shares of NYSEARCA RSP opened at $200.54 on Friday. The firm’s 50-day moving average price is $199.44 and its 200-day moving average price is $192.75. Invesco S&P 500 Equal Weight ETF has a 52-week low of $150.35 and a 52-week high of $205.24. The company has a market cap of $83.16 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.