Simplicity Wealth LLC Sells 9,249 Shares of Invesco S&P 500 Equal Weight ETF $RSP

Simplicity Wealth LLC lessened its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 39.7% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 14,071 shares of the company’s stock after selling 9,249 shares during the quarter. Simplicity Wealth LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $2,669,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Investment Counsel Co. of Nevada acquired a new position in shares of Invesco S&P 500 Equal Weight ETF in the 2nd quarter valued at approximately $29,000. Tompkins Financial Corp bought a new stake in shares of Invesco S&P 500 Equal Weight ETF during the third quarter worth $32,000. GoalVest Advisory LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF during the second quarter worth $34,000. Howe & Rusling Inc. lifted its position in Invesco S&P 500 Equal Weight ETF by 51.9% in the 2nd quarter. Howe & Rusling Inc. now owns 287 shares of the company’s stock valued at $52,000 after acquiring an additional 98 shares in the last quarter. Finally, Hanson & Doremus Investment Management boosted its stake in Invesco S&P 500 Equal Weight ETF by 30.5% in the 2nd quarter. Hanson & Doremus Investment Management now owns 308 shares of the company’s stock worth $56,000 after purchasing an additional 72 shares during the period. 61.18% of the stock is owned by institutional investors and hedge funds.

Invesco S&P 500 Equal Weight ETF Price Performance

RSP opened at $199.66 on Friday. The company has a market capitalization of $80.43 billion, a price-to-earnings ratio of 20.10 and a beta of 0.99. The business’s 50-day moving average price is $192.74 and its two-hundred day moving average price is $189.21. Invesco S&P 500 Equal Weight ETF has a 1 year low of $150.35 and a 1 year high of $200.78.

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). 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.