Creative Planning lessened its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report) by 9.5% during the second quarter, HoldingsChannel.com reports. The fund owned 207,961 shares of the company’s stock after selling 21,850 shares during the period. Creative Planning’s holdings in Invesco S&P 500 Equal Weight ETF were worth $37,795,000 at the end of the most recent reporting period.
A number of other hedge funds also recently made changes to their positions in the stock. Nova Wealth Management Inc. acquired a new position in Invesco S&P 500 Equal Weight ETF during the 2nd quarter worth approximately $25,000. Uniplan Investment Counsel Inc. bought a new stake in shares of Invesco S&P 500 Equal Weight ETF during the first quarter worth $26,000. Howe & Rusling Inc. increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 190.8% during the first quarter. Howe & Rusling Inc. now owns 189 shares of the company’s stock worth $33,000 after buying an additional 124 shares in the last quarter. GoalVest Advisory LLC bought a new position in shares of Invesco S&P 500 Equal Weight ETF in the 2nd quarter valued at $34,000. Finally, Hanson & Doremus Investment Management boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 30.5% during the 2nd quarter. Hanson & Doremus Investment Management now owns 308 shares of the company’s stock valued at $56,000 after acquiring an additional 72 shares in the last quarter. 61.18% of the stock is currently owned by institutional investors and hedge funds.
Invesco S&P 500 Equal Weight ETF Stock Down 0.4%
Shares of RSP stock opened at $187.34 on Friday. Invesco S&P 500 Equal Weight ETF has a twelve month low of $150.35 and a twelve month high of $192.33. The stock’s fifty day simple moving average is $188.84 and its 200 day simple moving average is $183.98. The firm has a market capitalization of $72.46 billion, a P/E 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).
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Want to see what other hedge funds are holding RSP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Free Report).
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