Centaurus Financial Inc. Sells 6,751 Shares of Invesco S&P 500 Equal Weight ETF $RSP

Centaurus Financial Inc. lessened its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 33.3% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 13,503 shares of the company’s stock after selling 6,751 shares during the period. Centaurus Financial Inc.’s holdings in Invesco S&P 500 Equal Weight ETF were worth $2,562,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in RSP. Drucker Wealth 3.0 LLC grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 3.3% in the 3rd quarter. Drucker Wealth 3.0 LLC now owns 1,701 shares of the company’s stock valued at $323,000 after purchasing an additional 55 shares during the period. Strategies Wealth Advisors LLC raised its holdings in shares of 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 lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 0.4% during 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 period. Burns J W & Co. Inc. NY lifted its position in shares of 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 worth $2,519,000 after buying an additional 57 shares during the period. Finally, Melfa Wealth Management Inc. boosted its stake in Invesco S&P 500 Equal Weight ETF by 1.7% in the 3rd quarter. Melfa Wealth Management Inc. now owns 3,473 shares of the company’s stock valued at $659,000 after buying an additional 57 shares in the last quarter. Institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of NYSEARCA:RSP opened at $193.47 on Thursday. The business’s fifty day moving average price is $199.83 and its two-hundred day moving average price is $193.29. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $150.35 and a fifty-two week high of $205.24. The stock has a market capitalization of $80.23 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.