Verus Capital Partners LLC Has $234,000 Position in Invesco S&P 500 Equal Weight ETF $RSP

Verus Capital Partners LLC decreased its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 28.3% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 1,286 shares of the company’s stock after selling 507 shares during the period. Verus Capital Partners LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $234,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently made changes to their positions in the stock. Brighton Jones LLC boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 3.4% in the 4th quarter. Brighton Jones LLC now owns 7,516 shares of the company’s stock worth $1,317,000 after purchasing an additional 246 shares in the last quarter. Heck Capital Advisors LLC bought a new stake in Invesco S&P 500 Equal Weight ETF during the 4th quarter valued at approximately $83,931,000. Bison Wealth LLC boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 25.8% during the fourth quarter. Bison Wealth LLC now owns 20,957 shares of the company’s stock valued at $3,672,000 after purchasing an additional 4,295 shares in the last quarter. Edgestream Partners L.P. bought a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 1st quarter valued at $1,079,000. Finally, Wealthfront Advisers LLC boosted its stake in Invesco S&P 500 Equal Weight ETF by 29.7% during the first quarter. Wealthfront Advisers LLC now owns 22,182 shares of the company’s stock worth $3,843,000 after acquiring an additional 5,082 shares in the last quarter. Hedge funds and other institutional investors own 61.18% of the company’s stock.

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

NYSEARCA:RSP traded down $0.13 on Thursday, reaching $190.06. 1,094,146 shares of the stock traded hands, compared to its average volume of 11,287,786. The company’s fifty day simple moving average is $188.86 and its 200 day simple moving average is $183.71. The company has a market capitalization of $73.52 billion, a price-to-earnings ratio of 20.10 and a beta of 0.99. Invesco S&P 500 Equal Weight ETF has a 12 month low of $150.35 and a 12 month high of $192.33.

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).