Allworth Financial LP Sells 10,277 Shares of Invesco S&P 500 Equal Weight ETF $RSP

Allworth Financial LP cut its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 18.4% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 45,711 shares of the company’s stock after selling 10,277 shares during the period. Allworth Financial LP’s holdings in Invesco S&P 500 Equal Weight ETF were worth $8,671,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of RSP. IFP Advisors Inc lifted its stake in Invesco S&P 500 Equal Weight ETF by 4.1% in the 3rd quarter. IFP Advisors Inc now owns 170,159 shares of the company’s stock valued at $32,281,000 after purchasing an additional 6,754 shares during the last quarter. Private Wealth Advisors LLC raised its stake in Invesco S&P 500 Equal Weight ETF by 1.8% in the third quarter. Private Wealth Advisors LLC now owns 3,296 shares of the company’s stock valued at $625,000 after buying an additional 58 shares during the period. LTG Capital LLC lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 1.2% in the third quarter. LTG Capital LLC now owns 112,778 shares of the company’s stock valued at $21,394,000 after buying an additional 1,368 shares during the last quarter. Investment Research Partners LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF in the third quarter valued at approximately $2,595,000. Finally, Alexander Labrunerie & CO. Inc. boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 58.6% during the 3rd quarter. Alexander Labrunerie & CO. Inc. now owns 16,086 shares of the company’s stock worth $3,052,000 after acquiring an additional 5,944 shares during the period. 61.18% of the stock is owned by institutional investors.

Invesco S&P 500 Equal Weight ETF Trading Down 0.1%

RSP stock opened at $193.32 on Friday. The firm has a market capitalization of $80.17 billion, a PE ratio of 20.10 and a beta of 0.99. Invesco S&P 500 Equal Weight ETF has a 1-year low of $150.35 and a 1-year high of $205.24. The business’s 50 day simple moving average is $199.76 and its 200 day simple moving average is $193.29.

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.