Dale Q Rice Investment Management Ltd Has $818,000 Stake in Invesco S&P 500 Equal Weight ETF $RSP

Dale Q Rice Investment Management Ltd reduced its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 51.1% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 4,476 shares of the company’s stock after selling 4,671 shares during the period. Invesco S&P 500 Equal Weight ETF makes up about 0.7% of Dale Q Rice Investment Management Ltd’s portfolio, making the stock its 23rd biggest holding. Dale Q Rice Investment Management Ltd’s holdings in Invesco S&P 500 Equal Weight ETF were worth $818,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Nova Wealth Management Inc. acquired a new stake in Invesco S&P 500 Equal Weight ETF during the 2nd quarter worth approximately $25,000. Uniplan Investment Counsel Inc. acquired a new stake in Invesco S&P 500 Equal Weight ETF during the 1st quarter worth approximately $26,000. Richardson Capital Management LLC acquired a new stake in Invesco S&P 500 Equal Weight ETF during the 1st quarter worth approximately $30,000. OLD Second National Bank of Aurora acquired a new stake in Invesco S&P 500 Equal Weight ETF during the 1st quarter worth approximately $31,000. Finally, Howe & Rusling Inc. lifted its holdings in Invesco S&P 500 Equal Weight ETF by 190.8% during the 1st quarter. Howe & Rusling Inc. now owns 189 shares of the company’s stock worth $33,000 after purchasing an additional 124 shares during the last quarter. 61.18% of the stock is owned by institutional investors and hedge funds.

Invesco S&P 500 Equal Weight ETF Trading Up 0.5%

NYSEARCA:RSP opened at $188.01 on Friday. The stock has a market cap of $72.86 billion, a P/E ratio of 20.10 and a beta of 1.05. The stock has a 50 day simple moving average of $188.16 and a 200 day simple moving average of $180.13. Invesco S&P 500 Equal Weight ETF has a 1-year low of $150.35 and a 1-year high of $192.30.

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).