Invesco S&P 500 Equal Weight ETF $RSP Stock: Krilogy Financial LLC Decreases Stake

Krilogy Financial LLC trimmed its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 10.9% in the third quarter, HoldingsChannel reports. The firm owned 21,937 shares of the company’s stock after selling 2,682 shares during the quarter. Krilogy Financial LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $4,677,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Venture Visionary Partners LLC raised its position in shares of Invesco S&P 500 Equal Weight ETF by 1.6% in the third quarter. Venture Visionary Partners LLC now owns 384,586 shares of the company’s stock worth $80,002,000 after buying an additional 5,887 shares in the last quarter. Rhodes Investment Advisors Inc. ADV bought a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 3rd quarter worth $794,000. NewEdge Advisors LLC raised its position in Invesco S&P 500 Equal Weight ETF by 16.9% during the second quarter. NewEdge Advisors LLC now owns 528,103 shares of the company’s stock valued at $112,364,000 after purchasing an additional 76,324 shares in the last quarter. Marino Stram & Associates LLC lifted its stake in Invesco S&P 500 Equal Weight ETF by 9.0% during the first quarter. Marino Stram & Associates LLC now owns 29,979 shares of the company’s stock worth $5,754,000 after purchasing an additional 2,465 shares during the last quarter. Finally, Prism Advisors Inc. increased its position in shares of Invesco S&P 500 Equal Weight ETF by 10.6% during the 1st quarter. Prism Advisors Inc. now owns 59,379 shares of the company’s stock valued at $11,396,000 after purchasing an additional 5,683 shares during the last quarter. 61.18% of the stock is owned by hedge funds and other institutional investors.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of NYSEARCA RSP opened at $213.30 on Wednesday. The stock has a market capitalization of $97.90 billion, a P/E ratio of 20.10 and a beta of 0.92. Invesco S&P 500 Equal Weight ETF has a one year low of $182.11 and a one year high of $223.43. The firm’s 50 day simple moving average is $216.16 and its two-hundred day simple moving average is $210.02.

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.